Legislation


HB 673 – Florida

Status: Enacted
Year Introduced: 2019
Link: https://www.flsenate.gov/Session/Bill/2019/673

Insurer Guaranty Associations; Revises membership of Florida Life & Health Insurance Guaranty Association’s board; specifies requirements relating to director of Florida Health Maintenance Organization Consumer Assistance Plan to be confirmed to association’s board; specifies duties of association as to potential long-term care insurer impairments or insolvencies, sharing information, & providing assistance to plan’s board; requires that DFS, rather than receivership court, approve certain alternative policies or contracts; authorizes association’s board to file directly for actuarially justified rate or premium increases; specifies calculation & allocation of Class B assessments for long-term care insurance; specifies limit on certain assessments on member insurer or member HMO.


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