Idaho Bills
12 bills · 2021 Regular Session
Amends existing law to remove provisions regarding confidentiality of statement, forms, or other information relating to compensation.
Currentlyinformationrelatingtothecompensationofanyofficer, directororemployeeofinsurancecompanies, as reported to the Idaho State Department of Insurance, is considered confidential under Idaho Code, Section 41-335. This legislation would delete the confidentiality language in the law and thus make available to the public the information regarding compensation of officers, directors, trustees and employees of any health carrier.
Adds to existing law to provide requirements for health benefit plans covering contraception.
Amends and repeals existing law to provide that the manager of the State Insurance Fund shall be the custodian of the fund and to provide that employees of the fund hired after a certain date shall participate in a certain sick leave program.
34 – 0
Amends existing law to provide certain limitations on coverage.
Amends existing law to revise provisions regarding contracts with providers of dental services.
49 – 17
Amends existing law to revise provisions regarding standards for Medicare supplement policies and certificates.
67 – 0
Adds to existing law to provide requirements for health benefit plans and student health benefit plans that cover prescription contraception.
16 – 18
Amends and adds to existing law to establish provisions regarding reciprocal jurisdictions and credit for reinsurance procedures.
This legislation is based on 2019 amendments to the National Association of Insurance Commissioners (NAIC) Credit for Reinsurance Model Law (#785) and Credit for Reinsurance Model Regulation (#786). The goal is to provide more flexibility and option for insurance companies looking to purchase reinsurance on insurance policies for Idaho policyholders and this reinsurance coverage frequently comes from the international market. These amendments allow insurance companies to continue to receive credit for reinsurance on its financial statements from a larger potential market of reinsurance companies. These model law amendments are also required for accreditation of the Idaho Department of Insurance by the NAIC. Accreditation is important to the maintain for consistent, streamlined, and fair regulation of insurance companies.
35 – 0
States findings of the Legislature and requests that the Department of Insurance consult with insurance industry leaders to determine how to make medically necessary prescription formula available to infants and children in Idaho.
Insurers in Idaho typically do not cover prescription formula for infants and children. This resolution calls for the Department of Insurance to consult with leaders in the insurance industry to determine how to make medically necessary prescription formula available for infants and children suffering from certain serious conditions, notably eosinophilic esophagitis, Crohn’s disease, malnutrition or failure to thrive, seizure disorders requiring a ketogenic diet, conditions requiring tube feeding, and other conditions in which medically necessary prescription treatment is a recommended treatment. The Department of Insurance is requested to collect data, ascertain the costs of such coverage, and report findings and recommendations, if any, to the Legislature.
Amends existing law to clarify an exemption from the insurance code for health care sharing ministries.
The purpose of this legislation is to provide clarifying consumer protection provisions to reduce confusion between insurance and health care sharing ministries offering non-insurance sharing of medical costs among their members.
Repeals and amends existing law to remove obsolete insurance provisions.
This legislation repeals several outdated or otherwise unnecessary provisions of Title 41. This includes repealing Chapter 35, Title 41, to move authority over certain bonds from the Department of Insurance to Department of Administration by adding limited wording to Section 67-5773, Idaho Code.
35 – 0
Amends existing law to revise the maximum number on a board of directors for certain insurers.
This bill corrects a historical anomaly in Chapter 28 of Title 41, Idaho Code, concerning insurance companies, and the maximum number of directors allowed by law to sit on certain insurance companies’ Boards of Directors. The bill expands from 15 to 25 the maximum number of directors who may sit on the Board of a domestic insurance company, under Section 41-2835(1). This change would create a consistent rule by matching the 25 maximum number of directors currently allowed to sit on the Board of a service corporation which converted to mutual insurer, under Section 41-2835(5), which is existing law.
35 – 0