Back to Massachusetts

H3947 • 2025

An Act relative to the examination of insurance company mergers

An Act relative to the examination of insurance company mergers

Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
John J. Lawn, Jr.
Last action
2026-01-15
Official status
Referred to House Committee on Ways and Means
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

An Act relative to the examination of insurance company mergers

An Act relative to the examination of insurance company mergers By Representative Lawn of Watertown, a petition (accompanied by bill, House, No.

What This Bill Does

  • An Act relative to the examination of insurance company mergers By Representative Lawn of Watertown, a petition (accompanied by bill, House, No.
  • 3947) of John J.
  • Lawn, Jr., relative to the examination of insurance company mergers.
  • Financial Services.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-01-15 House

    Accompanied a study order, see H4931

  2. 2026-01-15 House

    Reported from the committee on House Rules

  3. 2026-01-15 House

    Reported on a part of H4931

  4. 2026-01-15 House

    Bill reported favorably by committee and referred to the committee on House Ways and Means

  5. 2025-10-27 Joint

    Hearing scheduled for 11/04/2025 from 10:30 AM-01:30 PM in A-2

  6. 2025-04-03 Senate

    Senate concurred

  7. 2025-03-31 House

    Referred to the committee on Financial Services

Official Summary Text

An Act relative to the examination of insurance company mergers
By Representative Lawn of Watertown, a petition (accompanied by bill, House, No. 3947) of John J. Lawn, Jr., relative to the examination of insurance company mergers. Financial Services.
Status:
Referred to House Committee on Ways and Means

Current Bill Text

Read the full stored bill text
×

Bill H.3947

Section 19A of chapter 175 of the General Laws, as appearing in the 2022 Official Edition, is hereby amended by inserting after the eighth sentence the following sentence:- Except in the case of an emergency situation determined by the commissioner as requiring immediate action to prevent damage to the public health, the commissioner shall not act on such agreement between: (i) any company or companies organized, licensed or otherwise authorized to transact accident or health insurance under subsections (a) and (d) of clause sixth of section 47 pursuant to sections 108 and 110; (ii) a nonprofit hospital service corporation authorized pursuant to sections 5 and 6 of chapter 176A; (iii) a nonprofit medical service corporation authorized pursuant to section 4 of chapter 176B; (iv) a dental service corporation pursuant to sections 4, 6 and 7 of chapter 176E; (v) an optometric service corporation pursuant to sections 4, 4A and 6 of chapter 176F; (vi) a health maintenance organization pursuant to section 16 of chapter 176G; (vii) a preferred provider arrangement authorized under chapter 176I; (viii) a health benefit plan pursuant to section 6 of chapter 176J; or (ix) a dental benefit insurance plan pursuant to section 2 of chapter 176X unless: (A) such agreement and accompanying documentation required by the preceding sentence has been on file with the division for at least 60 days; (B) the attorney general, the center for health information and analysis, the health policy commission, the executive office of health and human services and the office of Medicaid have been provided copies of such agreement and accompanying documents and given reasonable opportunity to supply information and comment on such merger or consolidation; and (C) a public hearing has been held by the division on such merger or consolidation agreement when requested by the applicant, the attorney general, the center for health information and analysis, the health policy commission, the executive office of health and human services, the office of Medicaid or any 10 taxpayers of the commonwealth.

The information contained in this website is for general information purposes only. The General Court provides this information as a public service and while we endeavor to keep the data accurate and current to the best of our ability, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

Close