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Minutes for HB2089 - Committee on Insurance
Short Title
Modifying the requirement to report individuals who solicit memberships on behalf of prepaid service plans from semi-annually to annually and upon application for registration and discontinuing payment of annual registration fees for such plans.
Minutes Content for Mon, Jan 30, 2023
The Chairman opened the hearing on HB2089.
Eileen Ma, Revisor provided a briefing of the bill.(Attachment 5)
Proponents:
Eric Turek, Kansas Insurance Department provided testimony for the bill.(Attachment 6)
Kansas allows for two types of prepaid service plans - legal and dental. The individuals that solicit the membership in Kansas pay a $2.00 annual registration fee. The last time a fee was paid was in 2016. This bill would eliminate the fee and move the reporting of the list to annual versus semi-annual.
If this bill is approved, it would be a savings of $128.00 annually. This equates to .00004414 per Kansan.
Opponents: None
Neutral: None
Questions asked and answered.
The Chairman closed the hearing on HB2089.