Bill would require Maine’s state insurance superintendent to meet with other New England administrators
February 23, 2011
AUGUSTA — Rep. George Hogan, D-Old Orchard Beach, has sponsored legislation to allow Maine consumers to buy and insurers to sell health insurance within New England. The resolve was referred to the Insurance and Financial Services committee by both the House and Senate on Thursday, Feb.10.
“This resolve offers an opportunity for the people of Maine, and throughout New England, to have a greater choice in health insurance products, and introduce lower costs through competition,” said Rep. Hogan. “However, unlike past proposals, this resolve would assure that Mainers are protected from any unscrupulous health insurers who would try to deny coverage or break contracts by giving enforcement authority across state lines as well.”
The resolve directs the Maine Superintendent of Insurance to meet with the commissioners of insurance of the other New England states to develop a plan to form an interstate compact regarding the purchase of insurance from other states. The commissioner is required to report by Jan. 12, 2012 to the Insurance and Financial Services Committee. The committee could then submit legislation to the Second Regular Session of the 125th Legislature.
Jodi Quintero [Hogan], 287-1488, c. 841-6279