Louisiana 2020 2020 Regular Session

Louisiana House Bill HB131 Comm Sub / Analysis

                    DIGEST
The digest printed below was prepared by House Legislative Services.  It constitutes no part of the
legislative instrument.  The keyword, one-liner, abstract, and digest do not constitute part of the law
or proof or indicia of legislative intent.  [R.S. 1:13(B) and 24:177(E)]
HB 131 Engrossed	2020 Regular Session	Firment
Abstract:  Excludes claims by Medicare, Medicare Advantage plans, and federal and state
governments from coverage by the Louisiana Insurance Guaranty Association.
Present law establishes the La. Insurance Guaranty Association (LIGA) as a private, nonprofit entity
to pay for qualified property and casualty insurance claims in the event an insurer becomes insolvent.
Proposed law retains present law.
Present law provides for which types of claims are covered by LIGA.
Proposed law retains present law.
Present law provides for which types of claims are excluded from coverage by LIGA.
Proposed law retains present law and adds an exclusion for claims by all of the following:
(1)Medicare.
(2)Medicare Advantage plans.
(3)Any agency or program of the federal government or of any state or political subdivision
thereof.
Effective July 1, 2020.
(Amends R.S. 22:2055(6)(b)(iii); Adds R.S. 22:2055(6)(b)(xii))