Current Status Introducing Body:Senate Bill Number:670 Primary Sponsor:Fielding Committee Number:02 Type of Legislation:GB Subject:Insurance, small employers, provisions Current Committee:Banking and Insurance Computer Document Number:BBM/9142.JM3 Introduced Date:Feb 19, 1991 Last History Body:Senate Last History Date:Feb 19, 1991 Last History Type:Introduced, read first time, referred to Committee Scope of Legislation:Statewide All Sponsors:Fielding Type of Legislation:General Bill
Bill Body Date Action Description CMN
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670 Senate Feb 19, 1991 Introduced, read first time, 02
referred to Committee
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TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 38-71-216 SO AS TO PROHIBIT AN INSURER WHO ISSUES ACCIDENT AND HEALTH INSURANCE FROM DECLINING TO ISSUE INSURANCE, BASED SOLELY ON INDUSTRY, TO AN EMPLOYER HAVING TWENTY-FIVE OR FEWER EMPLOYEES, AND TO PROHIBIT SUCH AN INSURER FROM CHARGING THE EMPLOYER A RATE WHICH IS MORE THAN FIFTY PERCENT HIGHER THAN RATES ESTABLISHED FOR OTHER SIMILARLY SITUATED EMPLOYERS BASED SOLELY ON INDUSTRY.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. The 1976 Code is amended by adding:
"Section 38-71-216. No insurer issuing in this State policies of accident and health insurance under this chapter may decline to issue insurance to an employer having twenty-five or fewer employees based solely on industry. No such insurer may charge an employer having twenty-five or fewer employees a rate which is more than fifty percent higher than the rates established for any other similarly situated employer based solely on industry.
For the purposes of this section, `industry' means the primary activity in which the employer, described above is engaged, as described by the Standard Industrial Classification established by the Federal Office of Management and the Budget."
SECTION 2. This act takes effect upon approval by the Governor.