Massachusetts H4949 establishes a Division of Health Insurance within the Department of Banking, Insurance and Health Insurance.
Massachusetts H4949 amends the General Laws to create a Division of Health Insurance within the Department of Banking, Insurance and Health Insurance. The division will oversee the health insurance market and regulate various health insurance companies. The commissioner of health insurance will be appointed to lead the division. The bill also establishes a Health Insurance Access Bureau within the division to review premium rates and administer statutory and regulatory requirements.
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