2015 -- S 0494 | |
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LC001425 | |
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STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2015 | |
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A N A C T | |
RELATING TO INSURANCE | |
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Introduced By: Senator Maryellen Goodwin | |
Date Introduced: February 26, 2015 | |
Referred To: Senate Health & Human Services | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Section 27-19-10 of the General Laws in Chapter 27-19 entitled "Nonprofit |
2 | Hospital Service Corporations" is hereby repealed. |
3 | 27-19-10. Commission plans for solicitors or insurance producers. -- No person shall |
4 | be engaged to solicit subscribers to any nonprofit hospital service plan upon a commission basis |
5 | or upon any other basis by which the payment of the compensation or expenses of that person |
6 | shall be conditioned upon the enrollment of subscribers, unless the method of solicitation and rate |
7 | of compensation shall have had the prior written approval of the insurance commissioner. |
8 | SECTION 2. Section 27-20-10 of the General Laws in Chapter 27-20 entitled "Nonprofit |
9 | Medical Service Corporations" is hereby repealed. |
10 | 27-20-10. Commission plans for solicitors or insurance producers. -- No person shall |
11 | be engaged to solicit subscribers to any nonprofit medical service plan upon a commission basis |
12 | or upon any other basis by which the payment of the compensation or expenses of the person |
13 | shall be conditioned upon the enrollment of subscribers, unless the method of solicitation and rate |
14 | of compensation shall have had the prior written approval of the director of business regulation. |
15 | SECTION 3. Section 27-20.1-6 of the General Laws in Chapter 27-20.1 entitled |
16 | "Nonprofit Dental Service Corporations" is hereby repealed. |
17 | 27-20.1-6. Commission plans for solicitors or insurance producers. -- No person shall |
18 | be engaged to solicit subscribers to any nonprofit dental service plan upon a commission basis or |
19 | upon any other basis by which the payment of the compensation or expenses of that person shall |
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1 | be conditioned upon the enrollment of subscribers, unless the method of solicitation and rate of |
2 | compensation shall have had the prior written approval of the director of business regulation. |
3 | SECTION 4. This act shall take effect upon passage. |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO INSURANCE | |
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1 | This act would repeal the requirement that nonprofit hospital, medical and dental service |
2 | corporations obtain written approval from the insurance commissioner before being allowed to |
3 | hire persons on a commission basis to solicit subscribers. |
4 | This act would take effect upon passage. |
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