Text: H01110 Text: H01112 Text: H01100 - H01199 Text: H Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend House File 325 as follows: 1 2 #1. Page 1, line 26, by striking the word "which" 1 3 and inserting the following: "whichthat". 1 4 #2. Page 2, by inserting after line 2 the 1 5 following: 1 6 "d. A multiple employer welfare arrangement 1 7 registered with the commissioner of insurance shall 1 8 file with the commissioner of insurance on or before 1 9 March 1 of each year a copy of the report required to 1 10 be filed with the United States department of labor 1 11 pursuant to 29 C.F.R. } 2520.101-2. 1 12 e. A multiple employer welfare arrangement 1 13 registered with the commissioner of insurance shall 1 14 file with the commissioner of insurance on or before 1 15 March 1 of each year an annual report containing all 1 16 of the following information regarding the multiple 1 17 employer welfare arrangement: 1 18 (1) The number of participants. 1 19 (2) The amount of premium collected. 1 20 (3) Those special health and accident coverages 1 21 under chapter 514C provided by the multiple welfare 1 22 arrangement. 1 23 f. The reports filed by the multiple employer 1 24 welfare arrangements pursuant to paragraph "e" shall 1 25 be compiled by the insurance division and filed 1 26 annually with the general assembly by March 30. The 1 27 compilation shall include the following information: 1 28 (1) A computation of the amount of premium tax 1 29 that would have been paid by the multiple employer 1 30 welfare arrangements if the arrangements had been 1 31 insurance companies. 1 32 (2) A computation of the amount that would have 1 33 been assessed by the Iowa individual health benefit 1 34 reinsurance association to the multiple employer 1 35 welfare arrangements if the arrangements had been 1 36 members of the Iowa individual health benefit 1 37 reinsurance association. 1 38 Sec. . INTERIM STUDY. The legislative council 1 39 is requested to authorize an interim study committee 1 40 to review the current status of the health insurance 1 41 market in Iowa with regard to multiple employer 1 42 welfare arrangements presently registered with the 1 43 commissioner of insurance, and whether or not 1 44 additional multiple employer welfare arrangements 1 45 should be permitted to operate in Iowa. The study 1 46 shall include a review of the regulatory oversight of 1 47 all health insurance products sold in Iowa, and report 1 48 on the conditions of the health insurance market in 1 49 Iowa. The study committee shall be composed of 1 50 representatives of the general assembly, the insurance 2 1 division, the insurance industry, the business 2 2 community, and such other interests as the legislative 2 3 council deems appropriate. Appointments to the 2 4 committee shall be made no later than June 15, 2001. 2 5 Staffing for the committee shall be provided by the 2 6 legislative service bureau. The study committee shall 2 7 submit a report of findings and recommendations, 2 8 including proposed legislation, if any, to the general 2 9 assembly on or before November 15, 2001." 2 10 #3. Page 2, by inserting after line 7 the 2 11 following: 2 12 "Sec. . Section 507A.4, subsection 10, 2 13 paragraphs e and f, as enacted in this Act, are 2 14 amended by striking the paragraphs effective July 1, 2 15 2002." 2 16 #4. By renumbering as necessary. 2 17 2 18 2 19 2 20 JACOBS of Polk 2 21 HF 325.202 79 2 22 jj/gg
Text: H01110 Text: H01112 Text: H01100 - H01199 Text: H Index Bills and Amendments: General Index Bill History: General Index
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