2012 -- S 2760 | |
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LC01876 | |
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STATE OF RHODE ISLAND | |
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IN GENERAL ASSEMBLY | |
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JANUARY SESSION, A.D. 2012 | |
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A N A C T | |
RELATING TO INSURANCE -- LARGE GROUP HEALTH INSURANCE | |
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     Introduced By: Senator Maryellen Goodwin | |
     Date Introduced: March 08, 2012 | |
     Referred To: Senate Health & Human Services | |
It is enacted by the General Assembly as follows: | |
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     SECTION 1. Chapter 27-18.6 of the General Laws entitled "Large Group Health |
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Insurance Coverage" is hereby amended by adding thereto the following section: |
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     27-18.6-13. Package sale discounts permitted. -- A health insurance carrier that offers |
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health insurance coverage in the large group market in this state may provide a large group that |
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purchases more than one type of insurance product offered by the carrier with a discount of up to |
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one percent (1%) of the package premium and/or fees that would otherwise be charged if these |
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products were purchased separately, provided that the discount shall be equally available to all |
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large groups purchasing coverage from the carrier. The commissioner shall approve such package |
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sale discounts without requiring additional information to be filed. |
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     SECTION 2. Chapter 27-50 of the General Laws entitled "Small Employer Health |
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Insurance Availability Act" is hereby amended by adding thereto the following section: |
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     27-50-18. Package sale discounts permitted. -- Nothing in this chapter shall be |
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construed to prevent a small employer carrier that offers health insurance coverage in the small |
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group market in this state from providing a small employer that purchases more than one type of |
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insurance product offered by the carrier with a discount of up to one percent (1%) of the package |
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premium and/or fees that would otherwise be charged if these products were purchased |
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separately, provided that the discount shall be equally available to all small employers purchasing |
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coverage from the carrier. The commissioner shall permit such package sale discounts without |
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requiring additional information to be filed. |
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     SECTION 3. This act shall take effect upon passage. |
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LC01876 | |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO INSURANCE -- LARGE GROUP HEALTH INSURANCE | |
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     This act would permit a large group or small employer, when purchasing more than one |
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product offered by the carrier, to receive a discount of up to one percent (1%) of the premium or |
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fees. The discount is to be equally available to all such large groups and small employers, and |
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filed with the health insurance commissioner. |
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     This act would take effect upon passage. |
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LC01876 | |
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