SENATE AMENDMENT

    Bill No. CS for SB 1978

    Amendment No.    

                            CHAMBER ACTION
              Senate                               House
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11  Senator Thomas moved the following amendment:

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13         Senate Amendment 

14         On page 2, lines 4-16, delete those lines

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16  and insert:

17         (2)  Insurers shall offer to each applicant and to each

18  policyholder, upon the renewal of an existing policy,

19  deductibles, in amounts of $250, $500, $1,000, and $2,000,

20  such amount to be deducted from the benefits otherwise due

21  each person subject to the deduction.  However, this

22  subsection shall not be applied to reduce the amount of any

23  benefits received in accordance with s. 627.736(1)(c).

24         (3)  Insurers shall offer coverage wherein, at the

25  election of the named insured, all benefits payable under 42

26  U.S.C. s. 1395, the federal "Medicare" program, or to active

27  or retired military personnel and their dependent relatives

28  shall be deducted from those benefits otherwise payable

29  pursuant to s. 627.736(1).

30         (3)(4)  Insurers shall offer coverage wherein, at the

31  election of the named insured, the benefits for loss of gross

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    4:44 PM   04/06/99                              s1978c1b-03j01




                                                  SENATE AMENDMENT

    Bill No. CS for SB 1978

    Amendment No.    





 1  income and loss of earning capacity described in s.

 2  627.736(1)(b) shall be excluded.

 3         (4)  The named insured shall not be prevented from

 4  electing a deductible under subsection (2) and modified

 5  coverage under subsection (3). Each election made by the named

 6  insured under this section shall result in an appropriate

 7  reduction of premium associated with that election.

 8         (5)  All such offers shall be made in clear and

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    4:44 PM   04/06/99                              s1978c1b-03j01