Action Alert

Senate Bill 2276

Post Date:  2-16-2009

Description of Bill:

This bill mandates that the anticipated loss ratio for health insurance plans be disclosed to the consumer at the initial policy application or coverage and at any time the plan's premium changes thereafter in clear language that makes it clear what portion of premium covers administrative profit. 

Recommendation: 

We oppose this bill because it adds another layer of disclosure which is of little concern to the consumer.

Current Status:

Fail in the Senate, 18-27