Massachusetts 2023-2024 Regular Session

Massachusetts Senate Bill S634 Latest Draft

Bill / Introduced Version Filed 02/16/2023

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SENATE DOCKET, NO. 2365       FILED ON: 1/20/2023
SENATE . . . . . . . . . . . . . . No. 634
The Commonwealth of Massachusetts
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PRESENTED BY:
Ryan C. Fattman
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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
An Act promoting insurance rate review transparency.
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PETITION OF:
NAME:DISTRICT/ADDRESS :Ryan C. FattmanWorcester and Hampden 1 of 1
SENATE DOCKET, NO. 2365       FILED ON: 1/20/2023
SENATE . . . . . . . . . . . . . . No. 634
By Mr. Fattman, a petition (accompanied by bill, Senate, No. 634) of Ryan C. Fattman for 
legislation to promote insurance rate review transparency. Financial Services.
The Commonwealth of Massachusetts
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In the One Hundred and Ninety-Third General Court
(2023-2024)
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An Act promoting insurance rate review transparency.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority 
of the same, as follows:
1 Section 117C of chapter 175 of the General Laws, as appearing in the 2020 Official 
2Edition, is hereby amended by adding after line 350 the following subsection:- 
3 (16) Notwithstanding any general or special law to the contrary, the commissioner shall 
4(i) provide summaries of rate changes offered in plain language to consumers, (ii) determine a 
5time period in which advanced notice is given to consumers prior to proposed rate changes, and 
6(iii) provide consumers with official comment periods to review and comment on proposed rate 
7changes.