SS/SB 464 - Prohibits the establishment, creation, or operation of a state-based health insurance exchange unless the exchange is created by a legislative act, an initiative petition, or referendum. (See Health & Hospital Law for a more complete summary of this bill).
CCS/HCS#2/SCS/SB 480 - This act modifies various provisions relating to the regulation of motor vehicles and transportation. Amends Missouri Auto Insurance Plan (Missouri’s automobile insurance residual market mechanism) law so that insurance companies that op-out from servicing their share of high risk drivers shall be assessed a fee based on the insurance company’s market share. (See Motor Vehicles for a summary of other provisions of this omnibus bill). (Signed 7/10/12)
SCS/HB 1112 - Amends Section 376.010 to allow life insurers licensed in Missouri to write limited amounts of non-life business outside of the United States, subject to specified limitations.
Also permits a Missouri-domiciled insurance company to write or assume involuntary unemployment insurance in connection with group life insurance business as well as credit insurance business, but only to the extent that such business is written or assumed outside of the United States. (Signed 7/6/12)
SCS/HCS/HB 1495 - Current Missouri law allows insurers and others to share information related to insurance fraud investigations without being subject to civil liability for libel. This act expands the immunity afforded to insurers and others for filing reports and furnishing other information related to an insurance fraud investigation so that the insurer will not be subject to civil liability of any kind, including libel and slander.
Additionally, the act provides that no civil cause of action of any nature shall arise against a person for furnishing or receiving information related to suspected or anticipated fraudulent insurance acts to or from:
(1) Law enforcement officials, agents and employees;
(2) Persons subject to Section 375.991;
(3) Federal and state agencies, the NAIC, the National Insurance Crime Bureau, or any other organization established to detect and prevent fraudulent insurance acts. (Signed 7/12/12)
SS/SCS/HCS/HB 1563 – Includes provisions relating to electronic prior authorization (See Health & Hospital and Licensing Law for a more complete summary of this bill). (See also SCS/HCS/HB 1827). (Signed 7/12/12)
SS/HCS/HB 1576 - Allows certain licensed foster parents of foster children with special needs to purchase the health insurance for the state Missouri Consolidated Health Care Plan. (See Health & Hospital Law for a more complete summary of this bill). (Signed 6/25/12)