Referred to the House Health Care & Wellness Committee on January 11, 2021
Substitute offered in the House on January 14, 2021
Exempts performance payments to group policyholders required by contractual performance from the definition of a premium and return of a premium for purposes of premium taxes. Specifies that the prohibitions on rebates, discounts, and reductions in premiums and inducements to insure do not apply to the use of performance standards.