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Bill > HB0705


TN HB0705

TN HB0705
AN ACT to amend Tennessee Code Annotated, Title 56, relative to insurance.


summary

Introduced
02/03/2025
In Committee
04/14/2026
Crossed Over
04/21/2026
Passed
05/07/2026
Dead
Signed/Enacted/Adopted
05/18/2026

Introduced Session

114th General Assembly

Bill Summary

As enacted, generally requires a group policy in this state that provides hospital, surgical, or major medical expense insurance on an expense incurred basis to an employee or member to extend such policy coverage for a period of time when the employee or member has been terminated if certain criteria is met. - Amends TCA Title 56.

AI Summary

This bill amends Tennessee law to expand the definition of "portable electronics insurance" to include "optical products insurance," which encompasses smart glasses and non-electronic eyewear like eyeglasses and sunglasses, and makes related changes to how these types of insurance are regulated and disclosed. Specifically, it clarifies that vendors selling portable electronics or optical products can bill and collect insurance charges, and if the insurance is included with the purchase, the vendor must clearly inform the customer. The bill also adds a new section to the law that requires group health insurance policies to allow employees or members to continue their coverage for a limited time after termination, under certain conditions, by paying the full premium.

Committee Categories

Budget and Finance, Business and Industry

Sponsors (3)

Last Action

Effective date(s) 05/07/2026, 07/01/2026 (on 05/18/2026)

Bill Topics

Banking, Finance, and Domestic Commerce
  • ‐ Insurance Regulation
Health
  • ‐ Health Insurance Reform

bill text


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