Bill > HB1505

This bill addresses numerous technical corrections and updates to existing insurance-related statutes administered by the Washington state insurance commissioner. The bill makes a variety of changes, including correcting obsolete references, aligning statutes with current practices, and repealing several outdated laws. Key provisions include updating language related to medical malpractice reporting, refining definitions around net assets without donor restrictions, modifying reporting requirements for dental and medical insurance carriers, and clarifying rules around hearing instrument coverage and direct medical practices. The bill also removes several defunct reporting requirements and statutes that are no longer relevant, such as reports on health insurance market stability and natural disaster resiliency. Most changes appear to be minor technical adjustments designed to streamline and modernize insurance-related regulations, ensuring that the state's insurance laws remain current and accurately reflect contemporary practices and terminology. Some specific updates include adjusting timelines for refunds, standardizing numeric representations (like changing "fifty-five" to "55"), and making confidentiality provisions more precise for various types of insurance data.

Budget and Finance, Business and Industry

https://app.leg.wa.gov/billsummary?BillNumber=1505&Year=2025&Initiative=false