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HB 487 - Insurance; certain premium increases; require 60 days' notice

Burkhalter, Joseph Mark (41st)

Status Summary	HC:	Ins	SC:	I&L	FR:	02/05/99	LA:	01/10/00	S - Read 3rd Time

First Reader Summary

A BILL to amend Chapter 29 of Title 33 of the Official Code of Georgia Annotated, relating to individual accident and sickness insurance, so as to provide for notice prior to certain premium increases; and for other purposes.

Code Sections - 33-29-22

HB 487                                             LC 11 9738 
 
 
 
 
 
 
                        A BILL TO BE ENTITLED 
                               AN ACT 
 
 
  1- 1  To amend Chapter 29 of Title 33 of the Official Code of 
  1- 2  Georgia Annotated, relating to individual accident and 
  1- 3  sickness insurance, so as to provide for notice prior to 
  1- 4  certain premium increases; to repeal conflicting laws; and 
  1- 5  for other purposes. 
 
  1- 6       BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA: 
 
  1- 7                           SECTION 1. 
 
  1- 8  Chapter 29 of Title 33 of the Official Code of Georgia 
  1- 9  Annotated, relating to individual accident and sickness 
  1-10  insurance, is amended by adding at the end a new Code 
  1-11  section to read as follows: 
 
  1-12    "33-29-22. 
 
  1-13    Notice of any premium increase shall be mailed or 
  1-14    delivered to each holder of an individual accident and 
  1-15    sickness insurance policy not less than 60 days prior to 
  1-16    the effective date of such increase." 
 
  1-17                           SECTION 2. 
 
  1-18  All laws and parts of laws in conflict with this Act are 
  1-19  repealed. 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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