Connecticut 2019 Regular Session

Connecticut House Bill HB05630 Compare Versions

Only one version of the bill is available at this time.
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55 General Assembly Proposed Bill No. 5630
66 January Session, 2019
77 LCO No. 1527
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1010 Referred to Committee on INSURANCE AND REAL ESTATE
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1313 Introduced by:
1414 REP. DELNICKI, 14th Dist.
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1818 AN ACT CONCERNING THE CONNECTICUT HEALTH INSURANCE
1919 EXCHANGE AND INSURANCE BROKERS.
2020 Be it enacted by the Senate and House of Representatives in General
2121 Assembly convened:
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2323 That chapter 706c of the general statutes be amended to (1) prohibit 1
2424 each health carrier offering a qualified health plan through the 2
2525 Connecticut Health Insurance Exchange from appointing, or paying 3
2626 any commission to, an insurance broker who is employed by, or in a 4
2727 contractual relationship with, such exchange, (2) limit the 5
2828 circumstances in which an insurance broker may be removed from any 6
2929 account maintained by such exchange, and (3) impose a penalty of not 7
3030 less than five thousand dollars or one year of commission payments, 8
3131 whichever is greater, for each improper appointment, payment or 9
3232 removal. 10
3333 Statement of Purpose:
3434 To prohibit health carriers offering qualified health plans through the
3535 Connecticut Health Insurance Exchange from appointing, or paying
3636 commissions to, insurance brokers employed by, or in a contractual
3737 relationship with, such exchange, limit the circumstances in which an
3838 insurance broker may be removed from any account maintained by
3939 such exchange and impose a penalty of not less than five thousand Proposed Bill No. 5630
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4242 LCO No. 1527 2 of 2
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4444 dollars or one year of commission payments, whichever is greater, for
4545 each improper appointment, payment or removal.