2013 Insurance Bills Passed Into Law
SB 1: Workers' Compensation
Addresses the insolvency of the Second Injury Fund and corrects an onerous Western District Court ruling by clarifying that occupational diseases are covered under Missouri's workers' compensation statute.
SB 59: Missouri Life and Health Guaranty Association
Increases the limits of coverage for the Life and Health Guaranty Association to reflect more modern amounts and conform to the nationwide model recommendations.
Requires parity between the out-of-pocket expenses charged for physical therapist services and the out-of-pocket expenses charged for similar services provided by primary care physicians.
Requires actuarial analyses to be performed to determine potential costs of instituting oral anti-cancer parity and eating disorders mandate.
SB 262: Regulation and Licensing of Navigators
Provides statutory authority for the Department of Insurance, Financial Institutions and Professional Registration to regulate and license navigators who provide assistance to people relating to enrollment in the health exchange created under the Patient Protection and Affordable Care Act. Provides that navigators may not engage in conduct that requires licensing as a producer without being so licensed.
Modifies Missouri's current captive insurance law to allow for the formation of sponsored captive insurance companies.
HB 133: Reinsurance Accreditation
Changes the laws regarding the accreditation requirements for reinsurance companies and specifies when an insurance company can take credit or reduce liability due to reinsurance.
HB 322: Electronic Policy Delivery
Allows consumers to opt in for electronic delivery of insurance policies or to access policies and endorsements on insurer websites. Provides that consumers may provide proof of motor vehicle insurance coverage to law enforcement officials on mobile electronic devices.
Requires an uninsured motorist to forfeit recovery of noneconomic loss under specified circumstances.