HB695: AN ACT relating to consumer protections in health insurance.

Legislative Summary

Create new sections of Subtitle 17A of KRS Chapter 304 to limit premium rates for health benefit plans issued to an individual or small group; require that health benefit plan coverage continue to be available for adult children until age 26; require insurers to provide benefits for, and not impose cost-sharing requirements on, preventive services; amend KRS 304.17A-200 to prohibit eligibility rules and premium disparities in the individual market based on health status; make conforming amendments to KRS 304.17-030, 304.17-310, and 304.17A-0952; repeal KRS 304.17A-256, relating to options for dependent coverage under group health benefit plans.