Marc Snyder
- Democratic
- Senator
- District 12
Primary
The act creates an additional framework for insurance rebate law to allow usage of insurance rebates and related practices in a manner that meets specified criteria to maintain consumer protections. In provisions regarding unfair and deceptive trade practices in insurance, the act identifies, as an additional practice that shall not be construed as falling within the definition of discrimination or rebates, the practice of offering or providing a value-added product or service not specified in the insurance policy, at no cost or at a reduced cost, if the product or service: Relates to the insurance coverage; and Is primarily aimed to: Provide loss mitigation or loss control; Reduce claim costs or claim settlement costs; Provide education about liability risk or risk of loss to individuals or property; Monitor or assess risk, identify sources of risk, or develop strategies for eliminating or reducing risk; Enhance health; Promote financial wellness through items such as educational or financial planning services; Provide post-loss services; Encourage behavioral changes to improve the health or reduce the risk of death or disability of a customer; or Assist in the administration of employee or retiree benefit insurance coverage. The act implements additional provisions governing the usage of insurance rebates, including requirements to offer such rebates at a reasonable cost and in a manner that is not unfairly discriminatory and that provides certain other customer protections. (Note: This summary applies to this bill as enacted.)
Governor Signed
Sent to the Governor
Signed by the Speaker of the House
Signed by the President of the Senate
Senate Considered House Amendments - Result was to Concur - Repass
House Third Reading Passed - No Amendments
House Second Reading Special Order - Passed with Amendments - Committee
House Second Reading Laid Over Daily - No Amendments
House Committee on Business Affairs & Labor Refer Amended to House Committee of the Whole
Introduced In House - Assigned to Business Affairs & Labor
Senate Third Reading Passed - No Amendments
Senate Second Reading Passed with Amendments - Committee, Floor
Senate Committee on Health & Human Services Refer Amended to Senate Committee of the Whole
Introduced In Senate - Assigned to Health & Human Services
| Bill Text Versions | Format |
|---|---|
| Signed Act (04/18/2025) | |
| Final Act (04/08/2025) | |
| Rerevised (04/01/2025) | |
| Revised (03/31/2025) | |
| Reengrossed (03/04/2025) | |
| Engrossed (03/03/2025) | |
| Introduced (01/21/2025) | |
| PA2 (03/21/2025) | |
| PA1 (02/27/2025) | |
| Committee Amendment |
| Document | Format |
|---|---|
| Fiscal Note FN1 (01/29/2025) | |
| Fiscal Note FN2 (03/14/2025) | |
| Fiscal Note FN3 (08/05/2025) |
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