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House Journal: Page 1077: Thursday, March 28, 2002

40 following:
41 "Sec. . NEW SECTION. 513C.5A NOTICE OF RATE
42 INCREASE.
43 A carrier shall provide notice of a rate increase
44 for the plan at least sixty days prior to the
45 effective date of the rate increase to the individual
46 covered by the plan.
47 Sec. . Section 514.6, Code 2001, is amended to
48 read as follows:
49 514.6 RATES - APPROVAL BY COMMISSIONER - NOTICE
50 OF INCREASE.

Page 2

1 1. The rates charged by any such corporation to
2 the subscribers for health care service shall at all
3 times be subject to the approval of the commissioner
4 of insurance.
5 2. A corporation offering health care services to
6 subscribers pursuant to this chapter shall provide
7 notice of a rate increase to subscribers at least
8 sixty days prior to the effective date of the rate
9 increase."
10 ___. Page 7, by inserting after line 15 the
11 following:
12 "Sec. . NEW SECTION. 514A.16 NOTICE OF RATE
13 INCREASE.
14 An insurer shall provide notice of a rate increase
15 for a health insurance policy to the insured at least
16 sixty days prior to the effective date of the rate
17 increase."
18 ___. Page 7, by inserting after line 19 the
19 following:
20 "Sec. . NEW SECTION. 514E.12 NOTICE OF RATE
21 INCREASE.
22 A carrier or organized delivery system shall
23 provide notice of a rate increase for the association
24 policy to the insured at least sixty days prior to the
25 effective date of the rate increase.""
26 2. By renumbering, redesignating, and correcting
27 internal references as necessary.

Roll call was requested by Petersen of Polk and Bukta of Clinton.

On the question "Shall amendment H-8416, to amendment H-
8403 be adopted?" (S.F. 2279)

The ayes were, 42:
Atteberry Bell Bukta Chiodo
Cohoon Connors Dotzler Fallon

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