Test Drive Our New Site! We have some improvements in the works that we're excited for you to experience. Click here to try our new, faster, mobile friendly beta site. We will be maintaining our current version of the site thru the end of 2024, so you can switch back as our improvements continue.
Legislation Quick Search
06/13/2024 09:20 AM
Pennsylvania State Senate
Home / Senate Co-Sponsorship Memoranda

Senate Co-Sponsorship Memoranda

Subscribe to PaLegis Notifications

Subscribe to receive notifications of new Co-Sponsorship Memos circulated

By Member | By Date | Keyword Search

Senate of Pennsylvania
Session of 2023 - 2024 Regular Session


Posted: January 23, 2024 09:44 AM
From: Senator John DiSanto and Sen. Sharif Street
To: All Senate members
Subject: Updating State Law Regarding Insurance Rebates & Inducements
In the near future, we plan to introduce legislation that would better align Pennsylvania law with National Association of Insurance Commissioners (NAIC) 2020 model legislation allowing consumers to receive non-cash items and value-added products and services from their insurers or producers. Such awards must be offered in a nondiscriminatory manner.

Under the proposal, value-added products and services must relate to the insurance coverage and are meant to reduce potential losses in claims or claim settlements and to educate consumers while also enhancing the personal and physical health of the consumer. As an example, a consumer may be offered a smoke detector.

Under Acts 22 and 23 of 2018, the state authorized insurers and producers to give consumers non-cash gifts so long as they did not exceed $100. Our proposal increases this threshold to $125, reflecting inflation.

The attached draft language reflects input received by our offices from the Pennsylvania Insurance Department and the Insurance Federation of Pennsylvania.

Please join us and co-sponsor this legislation to benefit consumers.

View Attachment

Introduced as SB1092