HB 1869

83(R) - 2013

Vote Recommendation

  • Neutral
  • Positive
  • Neutral
  • Neutral
  • Neutral


Four Price

Bill Caption

Relating to contractual subrogation rights of certain insurers and benefit plan issuers.

Fiscal Notes

Estimated Two-year Net Impact to General Revenue Related Funds for HB1869, Committee Report 1st House, Substituted: a negative impact of ($3,077,660) through the biennium ending August 31, 2015. The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill.

Bill Analysis

Summary: HB 1869 would address the issue of subrogation and ensuring that both parties – the insurer and the individual – are able to receive benefits and compensation from the injuring party. In cases in which the inuring party is unable to pay the full settlement, HB 1869 would balance the payments so that no one is left without compensation.

Analysis: HB 1869 protects personal property rights by ensuring that individuals receive the compensation that they are entitled to based on the premiums paid to insurance companies. We support this legislation.