Senate Commerce Committee Statement to Senate, No. 2089 — State of New Jersey (May 13, 2021)

Summary

A Senate Commerce Committee statement to the Senate on Senate Bill No. 2089, State of New Jersey, dated May 13, 2021, reporting the bill favorably with committee amendments. As amended, the bill prohibits any insurer from charging a fee to furnish tangible printed or paper bills or notices to an insured or other owner of an insurance policy, including automobile, homeowners, and individual life and health policies. It applies the same prohibition to the State Health Benefits Commission and School Employees' Health Benefits Commission. The committee amendments clarify that an insurer may still offer a discount, credit, or other incentive for selecting a specific billing, payment, or notification option. As amended and reported, the bill is identical to Assembly Bill No. 3605 (1R).

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SENATE COMMERCE COMMITTEE

STATEMENT TO

SENATE, No.
2089

with
committee amendments

STATE
OF NEW JERSEY

DATED: MAY 13,
2021

The Senate Commerce Committee reports favorably and
with committee amendments Senate Bill No. 2089.

As amended, 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, and 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 amended and reported, this bill is identical to
Assembly Bill No. 3605 (1R) as also reported by the committee.

COMMITTEE AMENDMENTS:

The committee amended the bill to clarify that nothing
in the bill prohibits an insurer from offering a discount, credit, or other
incentive to an insured for selecting a specific billing, payment, or
notification option.

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