Report Title:

Workers' Compensation

 

Description:

Requires workers' compensation insurers to provide reports to the Director of Labor and Industrial Relations.  (HB970 HD1)

 

HOUSE OF REPRESENTATIVES

H.B. NO.

970

TWENTY-FOURTH LEGISLATURE, 2007

H.D. 1

STATE OF HAWAII

 

 

 

 

 

 

A BILL FOR AN ACT

 

 

RELATING TO WORKERS' COMPENSATION.

 

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

 

     SECTION 1.  Section 386-124, Hawaii Revised Statutes, is amended to read as follows:

     "§386-124  The insurance contract[.]; annual reports.  (a)  Every policy of insurance issued by an insurer of an employer referred to in section 386-1 which covers the liability of the employer for compensation shall cover the entire liability of the employer to the employer's employees covered by the policy or contract, and provide for the deductible under section 386-100, at the option of the insured.  The policy also shall contain a provision setting forth the right of the employees to enforce in their own names either by filing a separate claim or by making the insurance carrier a party to the original claim, the liability of the insurance carrier in whole or in part for the payment of the compensation.  Payment in whole or in part of compensation by either the employer or the insurance carrier shall, to the extent thereof, be a bar to the recovery against the other of the amount so paid.

     All insurance policies shall be of a standard form, [the form] to be designated and approved by the insurance commissioner.  No policy of insurance different in form from the designated and approved form shall be approved by the director.    (b)  Every insurer of an employer referred to in section 386-1 shall provide to the director by the end of each calendar year, an annual report of its policy costs that includes, but is not limited to, the costs of independent medical examinations, costs for legal services, and administrative costs.

     All annual reports shall be of a standard form, the form to be designated and approved by the director."

     SECTION 2.  Statutory material to be repealed is bracketed and stricken.  New statutory material is underscored.

     SECTION 3.  This Act shall take effect upon its approval.