HB 465: Health Maintenance Organization Solvency
GENERAL BILL by Santiago
Health Maintenance Organization Solvency; 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Last Action: 1/11/2016 House - Withdrawn prior to introduction -HJ 41
Bill Text: PDF
Last Action: 1/11/2016 House - Withdrawn prior to introduction -HJ 41
Bill Text: PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 10/28/2015 | House |
• Filed |
| 11/5/2015 | House |
• Referred to Insurance and Banking Subcommittee; Appropriations Committee; Regulatory Affairs Committee |
| 1/11/2016 | House |
• Withdrawn from Insurance and Banking Subcommittee; Appropriations Committee; Regulatory Affairs Committee • Withdrawn prior to introduction -HJ 41 |
