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Bill > H860


MA H860

MA H860
Relative to long term disability insurance


summary

Introduced
01/20/2015
In Committee
01/20/2015
Crossed Over
Passed
Dead
07/31/2016

Introduced Session

189th General Court

Bill Summary

Relative to long-term disability insurance. Financial Services.

AI Summary

This bill, titled "Relative to long term disability insurance," proposes to amend Chapter 175 of the General Laws by adding a new section that prohibits insurance companies from reducing the benefits paid out under a disability insurance policy by the amount of federal Social Security disability benefits received by the insured person, their spouse, or other dependents. This means that individuals receiving long-term disability insurance payments will not have those payments decreased due to any Social Security disability income they or their family members may also be receiving, regardless of any other existing laws. The bill is set to become effective immediately upon its passage.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Accompanied a study order, see H4111 (on 03/28/2016)

bill text


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