Legislature(1993 - 1994)

1994-04-29 Senate Journal

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1994-04-29                     Senate Journal                      Page 4133
SB 313                                                                       
SENATE BILL NO. 313 "An Act relating to the Comprehensive                      
Health Insurance Association and to health insurance provided to               
residents of the state who are high risks; and providing for an                
effective date" was read the second time.                                      
                                                                               
Senator Ellis offered Amendment No. 1 :                                         
                                                                               
Page 1, line 2, after "risks;":                                              
     Insert "relating to disability insurance coverage;"                     
                                                                               
Page 1, after line 4:                                                          
     Insert new bill sections to read:                                         
   "* Section 1.  AS 21.51 is amended by adding a new section to             
read:                                                                          
	Sec. 21.51.350.  PROHIBITED PROVISIONS.                                      
Disability insurance issued for delivery or delivered in this                  
state shall provide coverage without exclusion, reduction, or                  
higher rates for preexisting conditions and the policy may                     
not provide for cancellation of coverage due to the health of                  
the insured or due to the claims experience of an insured.                     
   * Sec. 2.  AS21.54 is amended by adding a new section to read:            
	Sec. 21.54.035.  PROHIBITED PROVISIONS.  A                                   
group or blanket disability insurance policy shall provide                     
coverage without exclusion, reduction, or higher rates for                     
preexisting conditions, and the policy may not provide for                     
cancellation of coverage due to the health of a member of                      
the insured group or due to the claims experience of a                         
member of the group."                                                          
                                                                               
Page 1, line 5:                                                                
	Delete "* Section 1."                                                       
	Insert "* Sec. 3."                                                          
                                                                               
Renumber the following bill sections accordingly.                              
                                                                               
Page 4, after line 23:                                                         
	Insert a new bill section to read:                                            
   "* Sec. 14.  Sections 1 and 2 of this Act apply to disability             
insurance contracts entered into on or after the effective date of this        
Act."