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Last Action: 1/11/2016 House - Withdrawn prior to introduction -HJ 41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Last Action: 1/11/2016 House - Withdrawn prior to introduction -HJ 41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
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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1/11/2016 House • Withdrawn from Insurance and Banking Subcommittee; Appropriations Committee; Regulatory Affairs Committee
• Withdrawn prior to introduction -HJ 41
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HB 465, Original Filed Version (Current Bill Version) Posted 10/28/2015 at 3:57 PM
Bill Text: PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 638 Health Maintenance Organization Solvency Lee Identical Last Action: 3/11/2016 S Died in Banking and Insurance
Location: In committee/council (BI)
Citations - Statutes (2)
Citation Catchline Location in Bill Location In Bill Help 624.4085 Risk-based capital requirements for insurers. Page 1 (pdf) 641.224 Page 2 (pdf)