HB 465 (2016) -  Health Maintenance Organization Solvency

by Santiago
Redefines term "life & health insurer" to include HMOs authorized only in this state; specifies limitation on premium to surplus ratio of HMO; provides formulas for calculation; specifies requirements for projected annual gross written premium; defines "gross written premium"; requires OIR to take certain actions with respect to HMO if specified premium to surplus ratio is exceeded; provides an exception; provides applicability; provides directive to Division of Law Revision & Information.
Effective Date: upon becoming a law
Last Event: Withdrawn prior to introduction on Monday, January 11, 2016 3:43 PM

Referred Committees and Committee Actions

Related Bills

Staff Analysis

(None Available)

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Withdrawn prior to introduction Time: 01/11/2016 - 3:43 PM Member: Santiago Committee: Version: __
Event: H Now in Insurance & Banking Subcommittee Time: 11/05/2015 - 11:46 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Regulatory Affairs Committee Time: 11/05/2015 - 11:46 AM Member: Committee: Regulatory Affairs Committee Version: __
Event: H Referred to Appropriations Committee Time: 11/05/2015 - 11:46 AM Member: Committee: Appropriations Committee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 11/05/2015 - 11:46 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Filed Time: 10/28/2015 - 3:57 PM Member: Santiago Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
624.4085 SB 638
641.224 SB 638