Top Law and Government Legislation regarding 'Insurance' in Kentucky

Create new sections of KRS Chapter 311A to regulate personal emergency response systems under the authority of the Kentucky Board of Emergency Medical Services; define terms, including "personal emergency response system"; set out basic necessary duties of the board, including the addition of personal emergency response system data in emergency run report forms developed under KRS 311A.190; require that providers be licensed to provide personal emergency response systems; institute an emergency 911 response protocol for unanswered voice-to-voice communication responses to customers; list information necessary for basic applications and for notification of the creation of branch offices; establish minimum criteria to apply for a manager's license; forbid the issuance of a license unless the applicant has specified liability insurance; limit local government regulation of personal emergency response systems to charges for use of a police central alarm installation, inspection fees, or discontinuance [...]

show full description

Create new sections of KRS Chapter 36 to establish definitions; establish right of military leave for a member of the Kentucky National Guard or Reserve component with Kentucky as home of record and require reasonable notice be given to employer of that member; establish reemployment rights for returning members at the same pay and benefits as if the member had been continuously employed if member contacts employer within specified amount of time after return from active duty, or in another position if the member has a disability which makes them unqualified for their previous position; limit reemployment rights to members honorably discharged or otherwise satisfactorily released from active duty and when active duty is less than five years cumulatively; establish right to continue insurance benefits during active duty; provide that rights are supplemental to any federal rights and does not supersede any agreement that provide more beneficial rights to members; establish right of a member [...]

show full description

Amend KRS 304.9-350 to prohibit an individual or business entity licensed as a consultant, or agent or an agency with whom the consultant has a financial or business ownership interest or affiliation, from contracting, selling, or negotiating insurance for the risk of the client who is subject to the consulting contract during the term of the contract or within twelve months of the termination of the contract; permit consulting fees paid to a consultant to be shared between a business entity licensed as a consultant and an individual who is licensed as a consultant and is an owner, officer, partner, member, or employee of the business entity; require a person licensed as a consultant to disclose in a written contract signed by the party to be charged prior to the provision of consultant services the services to be provided, the beginning and ending date of the agreement, any insurance policy to which the agreement for consultant's services applies, the arrangement for compensation of the [...]

show full description

Create new sections of Subchapter 14 of KRS Chapter 304 to establish the Kentucky Long-Term Care Partnership Program upon approval of a Medicaid waiver to disregard assets, resources, and estate recovery requirements of the Medicaid program in a $1 to $1 amount; permit Medicaid eligibility with disregards upon the exhaustion of the benefits of the partnership policy; require the Office of Insurance and the Department for Medicaid Services to jointly establish the program; define policy terms and services covered; require approval of a partnership policy; specify reporting requirements; require assurance that agents who sell partnership policies understand the policy in Section 2(4); require promulgation of administrative regulations; require insurers to disclose availability of the Kentucky Long-Term Care Partnership Insurance Program; create a new section of KRS Chapter 205 to require the Department for Medicaid Services to apply for a federal waiver to establish the partnership program;[...]

show full description

Create new sections of Subtitle 17A of KRS Chapter 304 to require a health benefit plan with a provider network to provide coverage for the dialysis provider of the insured's choice; prevent restriction of the dialysis benefit during open enrollment; define "unreasonable distance" and prohibit travel of such distance for in-network dialysis service; provide coverage for out-of-network dialysis if the distance for in-network dialysis is unreasonable; require written notice of any change to a health plan with a provider network that would affect a dialysis patient's coverage or benefit level concerning out-of-network coverage; require payment directly to the dialysis provider and not to the patient; require the executive director of the Office of Insurance to conduct a review of all filings to determine compliance within 120 days of the effective date of the Act; require insurers to notify the office of any violations; authorize the office to promulgate necessary regulations to implement [...]

show full description

Amend various sections of Subtitle 50 of KRS Chapter 304, relating to workers' compensation self-insured groups to extend application of the subtitle to "bona fide" trade associations; clarify that minimum surplus exemption applies to a group operating under a plan approved by the executive director, or a remedial plan approved prior to August 3, 2004; provide that security deposit requirements are based on an audited rather than certified statement of financial condition; establish requirements for banks or trust companies for security deposits and require approval by the executive director; require a custodial bank or trust company to have capital and surplus of $25 million or more, except that those licensed and regulated in Kentucky shall have $10 million or more; permit the purchase of certificates of deposit from any duly chartered bank; allow investment in equity securities that are actively traded on any registered national securities exchanges; clarify that eligible securities [...]

show full description