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MS HB434

Bill

Status

Enrolled

4/11/2012

Primary Sponsor

Gary Chism

Click for details

Origin

House of Representatives

2012 Regular Session

AI Summary

  • Amends Section 83-5-205 to require the Insurance Commissioner to examine every licensed insurer in Mississippi at minimum once every five years (changed from previous frequency).

  • Amends Section 83-29-45 to require examination of domestic societies licensed in Mississippi at minimum once every five years.

  • Amends Section 83-41-337 to require the Commissioner to examine health maintenance organizations at minimum once every five years, and the State Health Officer to examine HMO quality assurance programs at minimum once every five years.

  • Amends Section 83-49-27 to require examination of prepaid legal services plan sponsors at minimum once every five years (changed from previous requirement to examine at least every five years).

  • Takes effect July 1, 2012.

Legislative Description

Insurance Commissioner; revise requirement to examine certain entities from once every 3 years to 5 years.

Last Action

Due From Governor 04/17/12

4/11/2012

Full Bill Text

No bill text available