S 1186 – New Jersey

Status: In Process
Year Introduced: 2022
Link: https://www.njleg.state.nj.us/bill-search/2022/S1186

This bill requires insurers to disclose to the purchaser of the insurance, in writing at the time of sale, the amount of any commission the insurer pays the insurance producer for the sale of a health benefits plan. Current law places this obligation on the insurance producer to notify the insurance purchaser of any commission or other compensation that the producer receives in connection with the sale.

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