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ID H0054
Bill
Status
2/13/2013
Primary Sponsor
State Affairs Committee
Click for details
AI Summary
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Defines "agent and broker" under federal health insurance exchange regulations as "producer" as defined in Idaho Code section 41-1003(8)
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Authorizes any properly licensed insurance producer in Idaho to participate to the fullest extent permitted in health insurance exchanges operating under the Patient Protection and Affordable Care Act (PPACA), including federally operated, state-based, or partnership exchanges
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Entitles participating producers to receive payment through written fee agreements with individuals or small employers, or through commissions offered by insurers participating in the health insurance exchange
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Grants the Insurance Director authority to promulgate reasonable rules necessary to implement the provisions of this section
Legislative Description
Adds to existing law to provide that producers may participate in a health insurance exchange, to provide for payment to producers participating in the exchange and to authorize the director to promulgate rules.
HEALTH INSURANCE EXCHANGE
Last Action
Introduced, read first time; referred to: Commerce & Human Resources
2/14/2013