Discretionary Clause Prohibition Act.

09LSO-0358.L1

                                                         

FISCAL NOTE

 

This bill prohibits the use of discretionary clauses in health insurance policies.  It does not specifically increase or decrease revenues to the State of Wyoming, except that penalties may be assessed for violation of the law.  Those penalties would go to the general fund.  There is no way to determine at this time what the level of violations of this law might be and, therefore, no way to determine the amount of penalties that might be assessed under this law.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prepared by: Ken Vines, Insurance Department    Phone: 777-6894