Bill > LD899

This bill modifies the existing insurance law regarding medical payments coverage in casualty insurance policies by introducing two key changes: First, the bill requires that any assignment of medical payments coverage must now be done through a written agreement, and second, this written agreement must be on a form that is specifically prescribed or approved by the insurance superintendent. The modifications aim to provide more structured and transparent processes for how medical payments coverage can be assigned between an insured individual and their casualty insurance provider, ensuring that the benefits are applied according to the insured person's direction. The bill specifically amends a section of the Maine Revised Statutes Annotated (MRSA) in Title 24-A, Section 2910-A, which deals with insurance policy provisions, and builds upon previous legislation from 2019 that originally established the framework for medical payments coverage assignment.

Health and Social Services

https://legislature.maine.gov/legis/bills/display_ps.asp?LD=899&snum=132