Loading chat...

HI SCR108

Concurrent Resolution

Official Source

Status

Engrossed

4/13/2012

Primary Sponsor

Donna Kim

Click for details

Origin

Senate

2012 Regular Session

AI Summary

  • Request the Insurance Commissioner to consider capital reserves and surplus of managed care plans when reviewing rate filings

  • Require managed care plans to justify proposed premium rate increases under the federal Patient Protection and Affordable Care Act

  • Prevent health plans from accumulating excessive reserves instead of using funds to pay claims

  • Ensure plan subscribers pay appropriate rates for health insurance coverage by including capital reserve analysis in rate review decisions

  • Recommendation for adoption of the concurrent resolution supported by the Department of Commerce and Consumer Affairs

Legislative Description

Insurance Commissioner; Rate Filings; Capital Reserves and Surplus

Last Action

(H) Referred to HLT, CPC, referral sheet 66

4/16/2012

Committee Referrals

Ways and Means3/30/2012
Commerce and Consumer Protection3/16/2012

Full Bill Text

No bill text available