Text: SF00440 Text: SF00442 Text: SF00400 - SF00499 Text: SF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 SENATE FILE 441
1 2
1 3 AN ACT
1 4 PROVIDING AN EXEMPTION FROM CERTAIN REQUIREMENTS OF SELF-INSURED
1 5 DENTAL INSURANCE PLANS PROVIDED BY SCHOOL CORPORATIONS.
1 6
1 7 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
1 8
1 9 Section 1. Section 509A.15, Code 1999, is amended by
1 10 adding the following new subsection:
1 11 NEW SUBSECTION. 4. One or more school corporations
1 12 maintaining a self-insured dental insurance plan, with yearly
1 13 claims which do not exceed one percent of the school
1 14 corporation's general fund budget, shall be exempt from the
1 15 following requirements with respect to that plan:
1 16 a. Maintaining aggregate excess loss coverage required by
1 17 rules relating to the adequacy of reserves adopted pursuant to
1 18 subsection 1, paragraph "b".
1 19 b. Contracting with a third-party administrator pursuant
1 20 to subsection 1, paragraph "d".
1 21 The yearly claim amount shall be determined annually on the
1 22 policy renewal date, or an alternative date established by
1 23 rule, by a plan administrator or school corporation employee
1 24 to be designated by the plan administrator. The exemption
1 25 shall not apply for the year following a year in which yearly
1 26 claims are determined to exceed one percent of the school
1 27 corporation's general fund budget.
1 28
1 29
1 30
1 31 MARY E. KRAMER
1 32 President of the Senate
1 33
1 34
1 35
2 1 BRENT SIEGRIST
2 2 Speaker of the House
2 3
2 4 I hereby certify that this bill originated in the Senate and
2 5 is known as Senate File 441, Seventy-eighth General Assembly.
2 6
2 7
2 8
2 9 MICHAEL E. MARSHALL
2 10 Secretary of the Senate
2 11 Approved , 2000
2 12
2 13
2 14
2 15 THOMAS J. VILSACK
2 16 Governor
Text: SF00440 Text: SF00442 Text: SF00400 - SF00499 Text: SF Index Bills and Amendments: General Index Bill History: General Index
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