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Senate Commerce Committee Statement — Assembly Bill No. 3605 (New Jersey, May 13, 2021)

Summary

Senate Commerce Committee statement dated May 13, 2021, reporting Assembly Bill No. 3605 (First Reprint) of the State of New Jersey favorably. It states the bill prohibits any insurer from charging a fee to furnish tangible printed or paper bills or notices for an insurance policy to an insured or other owner of that policy, and bars the State Health Benefits Commission and School Employees' Health Benefits Commission from charging members such a fee. The bill does not prohibit an insurer from offering a discount, credit, or other incentive for selecting a specific billing, payment, or notification option. As reported, it is identical to Senate Bill No. 2089 as amended and reported by the committee.

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Cite this document

“Senate Commerce Committee Statement — Assembly Bill No. 3605 (New Jersey, May 13, 2021).” Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2021-05-13-scm-a3605-s2-000d95b470/, SHA-256 ea23a8c1739e53f273e46b291bcc41993e329554f24a1e6b9ddcddc8af157369.

Full text

     SENATE COMMERCE COMMITTEE

                     STATEMENT TO

                        [First Reprint]
                ASSEMBLY, No. 3605

 STATE OF NEW JERSEY
                       DATED: MAY 13, 2021

    The Senate Commerce Committee reports favorably Assembly Bill
No. 3605 (1R).
    This bill prohibits any insurer from charging a fee to furnish
tangible printed or paper bills or notices, with respect to any insurance
policy, to an insured or other owner of that policy. Insurance policies
referred to under the bill include automobile insurance policies,
homeowners policies, individual life and health insurance policies. In
addition, the bill prohibits the State Health Benefits Commission and
School Employees’ Health Benefits Commission from charging a fee
to furnish tangible printed or paper bills or notices to any member of
the State Health Benefits Program or the School Employees’ Health
Benefits Program.
    This bill ensures that an insured, or other owner of the policy, will
not be charged an additional fee if the insured or other owner of the
policy elects to receive tangible printed or paper bills or notices in
place of digital access to the same. The bill does not prohibit an insurer
from offering a discount, credit, or other incentive to an insured for
selecting a specific billing, payment, or notification option.
    As reported, this bill is identical to Senate Bill No. 2089 as
amended and reported by the committee.

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