STAND. COM. REP. NO. 467

 

Honolulu, Hawaii

                  

 

RE:    S.B. No. 27

       S.D. 1

 

 

 

Honorable Shan S. Tsutsui

President of the Senate

Twenty-Sixth State Legislature

Regular Session of 2011

State of Hawaii

 

Sir:

 

     Your Committee on Commerce and Consumer Protection, to which was referred S.B. No. 27 entitled:

 

"A BILL FOR AN ACT RELATING TO LONG-TERM CARE INSURANCE,"

 

begs leave to report as follows:

 

     The purpose and intent of this measure is to make housekeeping amendments to the Insurance Code by removing long-term care insurance from the definition of "accident and health or sickness insurance" and related terms in article 10A of chapter 431, Hawaii Revised Statutes, and deleting an obsolete statutory reference.

 

     Your Committee received testimony in support of this measure from the American Council of Life Insurers.  Your Committee received comments on this measure from the Insurance Commissioner of the Department of Commerce and Consumer Affairs.

 

     Your Committee finds that long-term care insurance is governed by article 10H of chapter 431, Hawaii Revised Statutes, whereas accident and health or sickness insurance, commonly referred to as health insurance, is governed by article 10A of that chapter.  Your Committee further finds that the inclusion by reference of long-term care insurance in certain provisions of article 10A is an error and therefore should be deleted.  Finally, your Committee finds that the provisions of article 10H provide adequate oversight and regulation of long-term care insurance.

 

     Your Committee has amended this measure by changing the term "accident and health and sickness insurance" to "accident and health or sickness insurance" to conform to the language used throughout the Insurance Code.

 

     As affirmed by the record of votes of the members of your Committee on Commerce and Consumer Protection that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 27, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 27, S.D. 1, and be placed on the calendar for Third Reading.

 

Respectfully submitted on behalf of the members of the Committee on Commerce and Consumer Protection,

 

 

 

____________________________

ROSALYN H. BAKER, Chair