Bill > H1186

This bill establishes a comprehensive legal framework for pet insurance in Massachusetts, defining key terms and setting standards for policy disclosure, sales practices, and producer training. The legislation requires pet insurers to clearly disclose important policy details such as exclusions for preexisting conditions, hereditary disorders, and chronic conditions, and mandates that insurers provide consumers with a separate document titled "Insurer Disclosure of Important Policy Provisions" that explains policy terms in detail. The bill sets specific requirements for waiting periods (which cannot exceed 30 days for illnesses and are prohibited for accidents), defines what constitutes a preexisting condition, and ensures that wellness programs are distinctly separated from insurance products. Additionally, the bill requires insurance producers to undergo specialized training about pet insurance specifics, including understanding preexisting conditions, differences between insurance and wellness programs, and administrative topics. Insurers must provide transparent information about claim payment methods, benefit schedules, and policy limitations, and they are prohibited from making insurance eligibility contingent on participation in a wellness program. Violations of the bill's provisions will be subject to existing insurance regulations, and the law will take effect 180 days after its enactment, giving insurers time to adjust their practices to comply with the new requirements.

Business and Industry

https://malegislature.gov/Bills/194/H1186