MISSISSIPPI LEGISLATURE

1999 Regular Session

To: Insurance

By: Senator(s) Burton (By Request)

AN ACT REQUIRING ALL HEALTH AND LIFE INSURANCE COMPANIES LICENSED BY THE STATE OF MISSISSIPPI TO DISCLOSE TO THE APPLICANT OF A POLICY ALL MEDICAL EXAM FINDINGS DEALING WITH HIS OR HER APPLICATION; AND FOR RELATED PURPOSES.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:

SECTION 1. (1) When either a health or a life insurance company licensed by the State of Mississippi performs any type of medical exam on an applicant of a policy, the insurance company shall disclose to the applicant the results of the medical exam.

(2) The insurance company shall inform the applicant of the medical exam results within thirty (30) days of the time when the insurance company receives the results by mailing a duplicate of the results to the applicant.

(3) If it is discovered that a health or life insurance company fails to disclose the medical exam results to the applicant, the Commissioner of Insurance shall send a letter of warning to the insurance company after the first offense. Upon any subsequent offense, the Commissioner of Insurance shall impose an administrative fine upon the insurance company in an amount not to exceed Five Thousand Dollars ($5,000.00) for every set of results not disclosed.

SECTION 2. This act shall take effect and be in force from and after July 1, 1999.