This bill amends and reenacts R.S. 22:41.2 and 572.1(F) to enhance the requirements for licensed persons and risk-bearing entities under the jurisdiction of the commissioner of insurance. It mandates that every licensed individual and authorized risk-bearing entity must provide accurate contact information, including the names, mailing addresses, phone numbers, and email addresses of individuals responsible for handling consumer complaints and regulatory communications. Additionally, the bill requires these entities to inform the commissioner of any changes to this information within thirty days.

Furthermore, the bill expands the requirements for insurance anti-fraud plans by stipulating that insurers and health maintenance organizations must file a summary report detailing material changes to their anti-fraud plans. This report must include comprehensive data such as the number of policies in effect, premiums written, claims received, and various metrics related to fraud investigations. The commissioner is also granted the authority to prescribe the format for these summary reports, ensuring that the information is organized and accessible for regulatory purposes.

Statutes affected:
HB399 Original: 22:1(F)
HB399 Engrossed: 22:1(F)
HB399 Enrolled: 22:1(F)
HB399 Act 614: 22:1(F)