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CA AB1526
Bill
Status
9/30/2012
Primary Sponsor
William Monning
Click for details
AI Summary
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Authorizes the California Major Risk Medical Insurance Program (MRMIP) to provide additional subsidies to subscriber contributions for the period January 1, 2013 through December 31, 2013, reducing subscriber costs to between 100-125 percent of standard average individual risk rates for comparable coverage
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Prohibits the additional subsidies from affecting premium calculations for standard benefit plans, federally eligible defined individual health plans, and conversion coverage products
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Makes an appropriation from the continuously appropriated Major Risk Medical Insurance Fund to pay for the additional subsidies
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Deems any regulations adopted by the Managed Risk Medical Insurance Board to implement these changes as emergency regulations exempt from standard regulatory review requirements and Office of Administrative Law approval
Legislative Description
California Major Risk Medical Insurance Program.
Last Action
Chaptered by Secretary of State - Chapter 855, Statutes of 2012.
9/30/2012