Showing posts with label Colorado. Show all posts
Showing posts with label Colorado. Show all posts
AUTO INSURANCE BILL IN COLORADO SEEKS APPROVAL?
4/19/2008 06:42:00 PM | auto insurance, Colorado, legislation | 0 comments »
After more than five hours of testimony and deliberation on Colorado House Bill 1389, the House Business Affairs and Labor Committee has amended a controversial bill that insurance associations said would have imposed a prior approval regulatory system on insurance. The amendment exempts automobile insurance from the legislation. The bill now is headed for the House Appropriations Committee. [...]
AUTO INSURANCE IN COLORADO WITH FORCED MEDICAL COVERAGE A BAD IDEA?
4/04/2008 12:01:00 AM | auto insurance, Colorado, medical coverage | 0 comments »
Legislation requiring Colorado auto insurance consumers to purchase mandatory medical benefits coverage is unnecessary and will drive up insurance rates for all consumers, according to the National Association of Mutual Insurance Companies (NAMIC).
“Insurance consumers should not be forced to purchase insurance coverage they can currently purchase voluntarily if they so desire,” said Christian J. Rataj, Western state affairs manager for NAMIC. “Each person should have the legal right to determine how best to address his or her health insurance needs, including what type of medical benefits coverage to purchase, the amount of their deductible or co-payment responsibilities, and the scope of the coverage benefits.” [...]
“Insurance consumers should not be forced to purchase insurance coverage they can currently purchase voluntarily if they so desire,” said Christian J. Rataj, Western state affairs manager for NAMIC. “Each person should have the legal right to determine how best to address his or her health insurance needs, including what type of medical benefits coverage to purchase, the amount of their deductible or co-payment responsibilities, and the scope of the coverage benefits.” [...]
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