HOUSE BILL 516

Sponsored By:

Delegate Donoghue

Entitled:

Small Group Health Insurance - Premium Rates for Health Benefit Plans

Synopsis:

Authorizing carriers to offer a discount in rates for health benefit plans based on reduced claim expenses that result from a low incidence of tobacco use by covered employees or any other behavior that has been demonstrated to reduce the frequency or complexity of medical care; and requiring the discount in rates to be supported by actuarial principles and approved by the Insurance Commissioner.

History by Legislative Date

House Action

2/2

First Reading Economic Matters

2/7

Hearing 2/14 at 1:00 p.m.

3/22

Unfavorable Report by Economic Matters

Senate Action

No Action

Bill indexed under the following Subjects:

HEALTH INSURANCE -see also- HMOS; MANAGED CARE ORGANIZATIONS

HEALTH MAINTENANCE ORGANIZATIONS -see also- MAN CARE ORGS

INSURANCE ADMINISTRATION

PRICES -see also- CONSUMER PRICE INDEX

SMOKING -see also- CIGARETTES

TOBACCO

Bill affects the following Statute:

Insurance

( 15-1205 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered