SENATE DOCKET, NO. 967        FILED ON: 1/15/2025

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No.         

The Commonwealth of Massachusetts

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PRESENTED BY:

Ryan C. Fattman

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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:

The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:

An Act promoting insurance rate review transparency.

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PETITION OF:

SENATE DOCKET, NO. 967        FILED ON: 1/15/2025

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No.         

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE SENATE, NO. 634 OF 2023-2024.]

The Commonwealth of Massachusetts

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In the One Hundred and Ninety-Fourth General Court
(2025-2026)

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An Act promoting insurance rate review transparency.

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

Section 117C of chapter 175 of the General Laws, as appearing in the 2022 Official Edition, is hereby amended by adding the following subsection:-

(16) Notwithstanding any general or special law to the contrary, the commissioner shall (i) provide summaries of rate changes offered in plain language to consumers, (ii) determine a time period in which advanced notice is given to consumers prior to proposed rate changes, and (iii) provide consumers with official comment periods to review and comment on proposed rate changes.