SB 68 Explained: A Giveaway to Insurance Companies
SB 68 is being sold as a way to lower insurance premiums. But here’s the truth:
- It does NOT require insurance companies to lower premiums or even freeze rates.
- It makes it easier for insurers to deny valid claims, leaving injured individuals without the support they paid for.
- It shields negligent companies from accountability, meaning businesses that harm people can avoid consequences.
- It allows insurance companies to delay claims payments indefinitely, forcing victims to suffer while insurers collect interest on unpaid claims.
- It punishes people who have paid for health insurance, allowing guilty parties and their insurers to keep money that should go to injured individuals.
This bill isn’t about fairness—it’s about protecting insurance profits at your expense.