House Bill 1996
House Author: Hull et al.
Effective: 9-1-23
Senate Sponsor: Johnson
House Bill 1996 amends the Insurance Code to provide for the regulation of group family leave insurance and to clarify state law regarding the provision of paid family leave insurance by an applicable insurer and the consideration of paid family leave insurance as a type of disability income insurance. The bill sets out minimum benefits standards for a group family leave insurance policy, including provisions relating to the family leave benefits authorized by the bill, an explanation of covered family leave reasons, the length of the period during which the benefits are available, the presence of an unpaid waiting period, and the method of calculating the amount of paid benefits. The bill additionally sets out permissible limitations, exclusions, and reductions in family leave benefits eligibility and provides for the disclosure of such a limitation, exclusion, or reduction in an applicable group family leave insurance policy. Moreover, the bill requires an insurer providing family leave insurance to issue a certificate of insurance containing certain information to each employee or member of the insured group.