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ID H0182
Bill
Status
4/6/2015
Primary Sponsor
State Affairs Committee
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AI Summary
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Amends Section 41-4305 of the Idaho Code to exclude consumer operated and oriented health plans from coverage under the Idaho life and health insurance guaranty association.
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Adds a new subsection (xi) to the definition of "Member insurer" that specifically excludes consumer operated and oriented plans established under section 1322 of the Patient Protection and Affordable Care Act (P.L. 111-148).
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Consumer operated and oriented plans will no longer be eligible for guaranty association protection for their policyholders in the event of insolvency or impairment.
Legislative Description
Amends existing law to exclude consumer operated and oriented health plans from guaranty association coverage.
INSURANCE
Last Action
Reported Signed by Governor on April 6, 2015 Session Law Chapter 281 Effective: 07/01/2015
4/6/2015