House Banking and Insurance met today to discuss five bills and four move on to other committees; two will be discussed more in the next meeting.
HB 2619 would adopt the National Association of Insurance Commissioners’ Risk Management and Own Risk Solvency Assessment Model Act for implementation by West Virginia insurers so that they are better equipped to assess their financial condition and remain solvent. If passed, this bill would take effect January 1, 2018. This bill will be reported to the floor with do recommendation that it do pass, but first be referred to the Judiciary Committee.
HB 2471 would require insurance coverage for breast cancer screening be provided by the Public Employees Insurance Agency, accident and sickness insurance providers, group accident and sickness insurance providers. If passed, this bill would take effect January 1, 2018. This bill is to help with the “next step” after an issue is found in a mammogram. It would help cover the ultra sound to discover the details of the issue. This bill will be reported to the floor with the recommendation that it do pass, but first be refered to Finance Committee.
HB 2460 would require teleheath services be treated the same as in person treatment. This bill will be reported to the floor with the recommendation that it do pass, but first be refered to the Committee on Health and Human Resources.
Discussion on HB 2439 and HB 2672 will continue at the next meeting.
HB 2439 would prohibit civil or administration action for unfair claim settlement practices against individuals and to require that these actions may only be maintained against insurance companies. This bill was laid over to the next meeting.
HB 2672 would eliminate conflicting provisions within current code relating to the application of payment and the assessment of delinquency fees on consumer credit sales and consumer loans.
