Legislature(1993 - 1994)
1994-04-29 Senate Journal
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Full Journal pdf1994-04-29 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."