insurance solicitation
materials; approval; repeal
DP |
Committee on Financial Institutions and Insurance |
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dp |
Caucus and COW |
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x |
As Transmitted to the Governor |
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SB 1021 removes from statute the requirement that the Director of the Department of Insurance (DOI) must pre-approve solicitation materials, which include advertising and sales material of prepaid dental plans and health care service organizations (HCSO).
The legislature amended Laws 2000, Chapter 37 by repealing the requirement that the Director pre-approve the solicitation and advertising materials of hospital and medical service corporations, dental service corporations and optometric service corporations before such materials were distributed.