AN ACT RELATIVE TO GROUP MARKETING PLANS.
Whereas, The deferred operation of this act would tend to defeat its purpose, which is to provide forthwith for renewal of certain insurance group marketing plans, therefore it is hereby declared to be an emergency law, necessary for the immediate preservation of the public convenience.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same as follows:
Notwithstanding any general or special law to the contrary, a group marketing plan approved and in effect pursuant to section 193R of chapter 175 of the General Laws, during calendar years 2007 to 2010, inclusive, may be approved upon renewal notwithstanding that less than 35 per cent of its members are insured during said calendar years 2007 to 2010, respectively.
The commissioner of insurance shall report on group marketing plans for motor vehicle insurance in effect for calendar years 2007 to 2010. Said report shall include without limitation: (1) the number of group marketing plans; (2) the number of members within each group marketing plan; (3) the average discount offered through group marketing plans; (4) the number of group marketing plans that do not have at least 35 per cent of their members insured through such plans; and (5) any other relevant issues that the commissioner may deem appropriate. The commissioner shall file said report together with legislation, if any, with the clerks of the house of representatives and senate, the chairs of the house and senate committees on ways and means and the house and senate chairs of the joint committee on financial services not later than December 31, 2011.
Approved August 6, 2008