HOUSE AMENDMENT Bill No. HB 25A
1	CHAMBER ACTION
2	Senate House
3	.
4	.
5	.
6
7
8
9
10
11
12	Representatives Berfield, Brown, Clarke, Goodlette, and Ross
13	offered the following:
14
15	Amendment (with title amendment)
16	Between line(s) 5243 and 5244, insert:
17	Section 39. The board of governors of the joint
18	underwriting plan for workers’ compensation insurance created by
19	s. 627.311(4), Florida Statutes, shall, by January 1, 2005,
20	submit a report to the President of the Senate, the Speaker of
21	the House of Representatives, the minority party leaders of the
22	Senate and the House of Representatives, and the chairs of the
23	standing committees of the Senate and the House of
24	Representatives having jurisdiction over matters relating to
25	workers’ compensation. The report shall include the board’s
26	findings and recommendations on the following issues:
27	(1) The number of policies and the aggregate premium of
28	the workers’ compensation joint underwriting plan, before and
29	after enactment of this act, and projections for future policy
30	and premium growth.
31	(2) Increases or decreases in availability of workers’
32	compensation coverage in the voluntary market and the
33	effectiveness of this act in improving the availability of
34	workers’ compensation coverage in the state.
35	(3) The board’s efforts to depopulate the plan and the
36	willingness of insurers in the voluntary market to avail
37	themselves of depopulation incentives.
38	(4) Further actions that could be taken by the Legislature
39	to improve availability of workers’ compensation coverage in the
40	voluntary and residual markets.
41	(5) Actions that the board has taken to restructure the
42	joint underwriting plan and recommendations for legislative
43	action to restructure the plan.
44	(6) Projected surpluses or deficits and possible means of
45	providing funding to ensure the continued solvency of the plan.
46	(7) An independent actuarial review of all rates under the
47	plan. The costs of the independent actuarial review shall be
48	paid from the Workers' Compensation Administration Trust Fund,
49	pursuant to a budget amendment approved by the Legislative
50	Budget Commission. The board shall submit a plan for such review
51	to the Legislative Budget Commission by October 1, 2003.
52	(8) Such other issues as the board determines are worthy
53	of the Legislature’s consideration.
54
55	================= T I T L E A M E N D M E N T =================
56	Remove line(s) 102, and insert:
57	references; requiring the board of governors of the
58	workers’ compensation joint underwriting plan to submit a
59	report to the Legislature; repealing s. 440.1925, F.S.,
60	relating to