PRINTER'S NO. 716
THE GENERAL ASSEMBLY OF PENNSYLVANIA
SENATE BILL
No.
637
Session of
2017
INTRODUCED BY WHITE, STREET, YAW, BARTOLOTTA, COSTA, FONTANA AND
BREWSTER, APRIL 18, 2017
REFERRED TO BANKING AND INSURANCE, APRIL 18, 2017
AN ACT
Amending the act of May 17, 1921 (P.L.682, No.284), entitled "An
act relating to insurance; amending, revising, and
consolidating the law providing for the incorporation of
insurance companies, and the regulation, supervision, and
protection of home and foreign insurance companies, Lloyds
associations, reciprocal and inter-insurance exchanges, and
fire insurance rating bureaus, and the regulation and
supervision of insurance carried by such companies,
associations, and exchanges, including insurance carried by
the State Workmen's Insurance Fund; providing penalties; and
repealing existing laws," in health and accident insurance,
establishing the Pharmaceutical Transparency Commission and
providing for its powers and duties.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. The act of May 17, 1921 (P.L.682, No.284), known
as The Insurance Company Law of 1921, is amended by adding a
section to read:
Section 635.8. Pharmaceutical Transparency Commission.--(a)
The Insurance Department shall oversee the Pharmaceutical
Transparency Commission, which commission is hereby established.
The commission shall consist of:
(1) The Insurance Commissioner.
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