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MO SB309
Bill
AI Summary
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Prohibits public benefit corporations formed under Missouri law with missions related to health care for uninsured/underinsured individuals from establishing, administering, or operating state-based or federally facilitated health benefit exchanges
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Prohibits such public benefit corporations from performing any operations or functions related to administration of health benefit exchanges
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Violation of these prohibitions constitutes grounds for administrative dissolution of the corporation by the Secretary of State under Missouri law
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Defines "state-based health benefit exchange" as a governmental agency or nonprofit entity established by Missouri meeting federal Health Care Act requirements under Section 1311
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Defines "federally facilitated health benefit exchange" as an exchange established and operated by the Secretary of Health and Human Services under Section 1321(c)(1) of the federal Health Care Act
Legislative Description
Prohibits certain types of public benefit corporations from entering into agreements to operate health insurance exchanges
Last Action
Hearing Conducted S Small Business, Insurance and Industry Committee
3/12/2013