STAND. COM. REP. NO. 1980
RE: S.B. No. 1212
Honorable Scott K. Saiki
Speaker, House of Representatives
Thirtieth State Legislature
Regular Session of 2019
State of Hawaii
Your Committee on Finance, to which was referred S.B. No. 1212, S.D. 1, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO REGULATORY AUTHORITY OF THE INSURANCE COMMISSIONER,"
begs leave to report as follows:
The purpose of this measure is to require licensure and regulation of third-party administrators by the Insurance Commissioner in accordance with the National Association of Insurance Commissioners' Registration and Regulation of Third Party Administrators Guideline.
The Hawaii-Western Management Group and MDX Hawaii, Inc. testified in support of this measure. Hawaii-Mainland Administrators opposed this measure. The Department of Commerce and Consumer Affairs, Office of Information Practices, Hawaii Medical Service Association, and Hawaii Dental Service submitted comments on this measure.
As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 1212, S.D. 1, H.D. 1, and recommends that it pass Third Reading.
Respectfully submitted on behalf of the members of the Committee on Finance,
SYLVIA LUKE, Chair