A BILL TO BE ENTITLED
AN ACT TO REQUIRE INSURERS ISSUING health benefit POLICIES IN THIS STATE TO INDICATE ON THEIR PREMIUM STATEMENT TO CONSUMERS THE AMOUNT OF THE PREMIUM INCREASE, IF ANY, ATTRIBUTABLE TO THE PATIENT PROTECTION AND AFFORDABLE CARE ACT.
The General Assembly of North Carolina enacts:
SECTION 1.  Article 3 of Chapter 58 of the General Statutes is amended by adding a new section to read as follows:
"§ 58‑3‑295.  Disclosure of premium increases due to the Patient Protection and Affordable Care Act.
Concurrently with any notice of premium increase or offer of new coverage because of discontinuance or termination of an existing plan of group or individual health benefit coverage, an insurer licensed in this State shall provide an estimate as to the amount or percentage of any premium increase that is attributable to the Patient Protection and Affordable Care Act, P.L. 111‑148, as amended. Such notices shall also include the following statement: "These increases are due to the federal Patient Protection and Affordable Care Act and not due to any actions of the Governor of North Carolina, the North Carolina General Assembly, or the North Carolina Department of Insurance.""
SECTION 2.  This act is effective when it becomes law and is repealed effective January 1, 2015.