What HB 1262 does: Raises the maximum penalties the Commissioner of Insurance can impose for violations of mental health parity reporting requirements, general insurance law, and the Surprise Billing Consumer Protection Act. The bill increases the current per-violation standard from $2,000 to $10,000 and the knowing-violation standard from $5,000 to $25,000.
Consumer impact: Because all penalties remain discretionary, the bill’s real-world value depends entirely on whether DOI chooses to use its expanded authority.