2009 Regular Session

HOUSE BILL 972

File Code: Insurance - Health
Sponsored By:
Delegate Kach
Entitled:
Health Insurers - RBC Reduction Plan

Synopsis:

Requiring each health insurer to notify the Insurance Commissioner if the RBC level of the health insurer exceeds a specified product; requiring each health insurer filing a notification to also file an RBC reduction plan for a specified purpose; requiring the RBC reduction plan to consider specified items; requiring the Commissioner to take specified actions with regard to the RBC reduction plan; authorizing an insurer to challenge specified actions by the Commissioner; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
House Action
2/13
First Reading Health and Government Operations
3/4
Hearing 3/12 at 1:00 p.m.
3/27
Unfavorable Report by Health and Government Operations Withdrawn
Senate Action
No Action

Bill indexed under the following Subjects:

Consumer Protection -see also- Unfair Trade Practices
Health Insurance -see also- HMOS; Managed Care Organizations
Insurance Administration
Notices
Prices -see also- Consumer Price Index
Reimbursement Rates
Reports

Bill affects the following Statutes:

Insurance
( 4-301 , 4-301 , 4-301 , 4-309 , 4-315 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered