HB 1085: Insurer Solvency
GENERAL BILL by Santiago
Insurer Solvency; Revises surplus requirements for insurers when applying for or renewing a certificate of authority & for HMOs at all times; revises term "life & health insurer" to include specified HMOs & prepaid limited health service organizations; revises reporting requirements for certain insurers; revises reporting requirements of certain insurers; provides that HMOs are insurers for certain purposes; revises OIR examination authority; repeals provisions relating to payment of dividends & distributions of other property by HMOs; provides directive to DOLRI.
Effective Date: upon becoming a law
Last Action: 4/28/2015 House - Died in Insurance and Banking Subcommittee
Bill Text: PDF
Last Action: 4/28/2015 House - Died in Insurance and Banking Subcommittee
Bill Text: PDF
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Bill History
Date Chamber Action 2/26/2015 House • Filed
3/3/2015 House • Introduced -HJ 90
3/8/2015 House • Referred to Insurance and Banking Subcommittee; Government Operations Appropriations Subcommittee; Regulatory Affairs Committee -HJ 191
4/28/2015 House • Died in Insurance and Banking Subcommittee
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HB 1085, Original Filed Version (Current Bill Version) Posted 2/26/2015 at 9:12 AM
Bill Text: PDF Analyses: None Related Bills (2)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 1190 (c1) Insurer Solvency Lee Similar Last Action: 5/1/2015 S Died in Appropriations Subcommittee on General Government
Location: In committee/council (AGG)
H 635 Solvency of Health Maintenance and Prepaid Limited Health Service Organizations Santiago Compare Last Action: 2/6/2015 H Withdrawn prior to introduction -HJ 53
Location: Withdrawn from consideration
Citations - Statutes (13)
Citation Catchline Location in Bill Location In Bill Help 624.407 Surplus required; new insurers. Page 3 (pdf) 624.408 Surplus required; current insurers. Page 5 (pdf) 624.4085 Risk-based capital requirements for insurers. Page 8 (pdf) 636.043 Annual, quarterly, and miscellaneous reports. Page 9 (pdf) 641.19 Definitions. Page 13 (pdf) 641.201 Applicability of other laws. Page 14 (pdf) 641.225 Surplus requirements. Page 15 (pdf) 641.26 Annual and quarterly reports. Page 15 (pdf) 641.27 Examination by the department. Page 20 (pdf) 641.35 Assets, liabilities, and investments. Page 22 (pdf) 641.365 Dividends. Page 22 (pdf) 817.234 False and fraudulent insurance claims. Page 22 (pdf) 817.50 Fraudulently obtaining goods, services, etc., from a health care provider. Page 22 (pdf)