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HI SB2199
Bill
Status
3/6/2018
Primary Sponsor
Rosalyn Baker
Click for details
AI Summary
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Authorizes the State of Hawaii to submit a state innovation waiver proposal to the U.S. Secretaries of Health and Human Services and the Treasury under section 1332 of the Patient Protection and Affordable Care Act of 2010.
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Permits implementation of the waiver on or after January 1, 2019, upon federal approval by the Secretaries.
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Supports the recommendations of the affordable health insurance working group established under Act 43, Session Laws of Hawaii 2017, which identified a state reinsurance program for the individual health insurance market as a potential innovation.
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Intended to control health insurance costs in Hawaii by providing additional funding and innovative risk-pooling methods to cover high-risk patients with costly medical claims while maintaining Affordable Care Act protections.
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Takes effect on July 1, 3000 (effective date appears to contain a clerical error in the original bill).
Legislative Description
Relating To Insurance.
Insurance
Last Action
The committee(s) on FIN recommend(s) that the measure be deferred.
4/3/2018