Bill
Bill > H494
MA H494
Reforming labor rates paid by insurance companies to auto repairers in the Commonwealth
summary
Introduced
01/23/2017
01/23/2017
In Committee
01/23/2017
01/23/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
Relative to the labor rates paid by insurance companies to motor vehicle repair shops. Financial Services.
AI Summary
This bill aims to reform the labor rates paid by insurance companies to auto repairers in the Commonwealth of Massachusetts. The key provisions are: (1) The Commissioner of Insurance shall set a minimum hourly labor rate that insurers must pay on insured claims for repairs made by registered motor vehicle repair shops. The rate shall be the average of the hourly rates paid by insurers in nearby states (Connecticut, New York, New Hampshire, Rhode Island, and Vermont), with some discretion to adjust it by up to 3% up or down. The Commissioner shall review and readjust the rate every 3 years. (2) The hourly labor rates set under this new section shall not be included when insurance companies consider programs to control costs and expenses under existing laws. (3) Sections 1 and 2 of the bill are repealed, and Section 3 takes effect on August 1, 2026.
Committee Categories
Business and Industry
Sponsors (4)
Last Action
Accompanied a study order, see H4785 (on 07/19/2018)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://malegislature.gov/Bills/190/H494 |
Bill | https://malegislature.gov/Bills/190/H494.pdf |
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