NCOIL Workers’ Compensation Insurance Committee has Interim Committee Conference Call

For Immediate Release
October 15, 2019
Contact: Paul Penna
(732) 201-4133

NCOIL WORKERS’ COMPENSATION INSURANCE COMMITTEE HAS INTERIM COMMITTEE CONFERENCE CALL
Committee Discusses Latest Version of the NCOIL Model Workers’ Compensation Drug Formulary Act

Manasquan, NJ – Nevada Assemblywoman Maggie Carlton, Chair of the NCOIL Workers’ Compensation Insurance Committee hosted an interim conference call meeting of the NCOIL Workers’ Compensation Insurance Committee on Thursday, October 10th.

The purpose of the interim meeting was for the Committee to discuss and consider the latest version of the NCOIL Model Workers’ Compensation Drug Formulary Act, sponsored by Indiana Representative Matt Lehman, NCOIL Vice President.

“I sponsored this legislation in Indiana and believe it is needed as a national model” said IN Representative Matt Lehman, NCOIL Vice-President. “We have made changes to alleviate concerns among interested parties and believe it is now in a form for legislators around the country to submit for pre-introduction for the 2020 session, of course subject to adoption at the Annual Meeting in December.”

The discussion draft can be viewed here – http://ncoil.org/wp-content/uploads/2019/10/WorkComp-formualry-model-2-2-10-8-19-1.pdf and comment letters have been posted under the Workers’ Compensation Insurance Committee here – http://ncoil.org/committee-workingdrafts/.

“This is yet another example that NCOIL continues to find sensible solutions to public policy questions in a timely manner” said Commissioner Tom Considine, NCOIL CEO. “There has been significant discussion on this issue for close to a year now and it appears that consensus among our members is at hand.”

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NCOIL is a national legislative organization with the nation’s 50 states as members, represented principally by legislators serving on their states’ insurance and financial institutions committees. NCOIL writes Model Laws in insurance and financial services, works to preserve the State jurisdiction over insurance as established by the McCarran-Ferguson Act seventy four years ago, and to serve as an educational forum for public policymakers and interested parties. Founded in 1969, NCOIL works to assert the prerogative of legislators in making State policy when it comes to insurance and educate State legislators on current and longstanding insurance issues.