An Act Concerning Dental And Vision Insurance Coverage For Children, Stepchildren And Other Dependent Children.
Impact
The bill seeks to replace previous statutory language that allowed coverage to terminate under various circumstances that could occur before a dependent reached the age limit. It specifically addresses all group health insurance policies to mandate that coverage for children, including stepchildren, cannot end earlier than the anniversary date following their 26th birthday. This law reinforces the inclusion of stepchildren in health insurance plans, treating them equally with biological children, thus expanding coverage and reducing health care inequities.
Summary
Senate Bill No. 1004, titled 'An Act Concerning Dental And Vision Insurance Coverage For Children, Stepchildren And Other Dependent Children', aims to amend the existing laws governing health insurance policies to ensure that dental and vision coverage remains available for dependent children until the age of 26. This change aligns with broader healthcare trends aimed at providing fair access to healthcare services for dependents, and it particularly benefits families with children who rely on these services as they approach adulthood.
Sentiment
The sentiment around SB01004 has been predominantly positive among those advocating for children's health rights. Supporters view the bill as a necessary move toward ensuring that young adults do not age out of essential health coverage before they are financially independent or secure in their health needs. However, there has been some concern expressed regarding the potential increase in premiums, as insurers may raise rates to cover the cost of extended benefits, which could affect older policyholders or those without children.
Contention
The key points of contention surrounding this bill involve the balance between healthcare access for young dependents and the financial implications for insurance providers and policyholders. Critics argue that requiring insurers to extend benefits without corresponding compensation could lead to increased costs, which might translate to higher premiums across the board. Proponents counter this with the argument that the long-term health benefits and reduced overall healthcare costs from preventive care will outweigh these potential short-term economic concerns.
An Act Concerning Insurance Market Conduct And Insurance Licensing, The Insurance Department's Technical Corrections And Other Revisions To The Insurance Statutes And Captive Insurance.
An Act Extending The Period Children, Stepchildren And Other Dependent Children May Retain Dental Insurance Coverage Under A Parent's, Adoptive Parent's Or Legal Guardian's Insurance Policy.