Provides for identification of health plan coverage type
Impact
The implications of HB134 on state laws include a clarification in the information provided to health insurance participants. By requiring the phrases 'Non-ERISA' and 'Fully Insured' to be displayed on coverage documentation, the bill seeks to alleviate confusion regarding the type of insurance being provided. This amendment to Louisiana Revised Statute 22:984 addresses a potential gap in the understanding of insurance policyholder rights and responsibilities, potentially influencing consumers' choices when selecting health insurance plans.
Summary
House Bill 134, enacted during the 2018 Regular Session, focuses on the identification requirements for health benefit plans in Louisiana. The primary objective of the bill is to mandate that every identification, membership, or coverage card issued by health insurers prominently display specific phrases indicating whether the plan is 'Non-ERISA' and 'Fully Insured'. This change aims to enhance transparency for policyholders and health plan participants regarding the type of insurance coverage they possess.
Sentiment
General sentiment surrounding HB134 appeared positive, as the bill was passed with unanimous support, indicated by a Senate vote of 29 yeas to 0 nays. Proponents emphasized the importance of clear guidance for consumers navigating the complexities of health insurance options, which was seen as a step toward consumer empowerment and better-informed decision-making within the healthcare sector.
Contention
While the bill progressed without evident opposition during discussions, some potential points of contention in broader healthcare debates could include the implications of defining 'Non-ERISA' plans. Critics, in a more general context, may raise concerns regarding the adequacy of protections offered in fully insured plans compared to self-funded plans under ERISA (Employee Retirement Income Security Act), although no significant dissent was recorded during the legislative process for HB134 itself.