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2021 House Bill 1052: Concerning group insurance contract performance standards
Introduced by Rep. Jessica Bateman (Olympia) (D) on January 11, 2021
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.
Requires performance standards included in group insurance contracts to be explained in the contract and filed with the Insurance Commissioner.
Received in the Senate on January 29, 2021
Referred to the Senate Health & Long-Term Care Committee on January 29, 2021
Referred to the Senate Rules Committee on March 16, 2021