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House Amendment 1144

Amendment Text

PAG LIN
  1  1    Amend House File 647 as follows:
  1  2    #1.  Page 5, by inserting after line 26 the
  1  3 following:
  1  4    "Sec.    .  NEW SECTION.  509.20  NOTICE OF RATE
  1  5 INCREASE.
  1  6    1.  For purposes of this section, "policy or
  1  7 contract for group health benefit coverages, including
  1  8 a contract to provide services to a plan providing
  1  9 group health benefit coverages" applies to all of the
  1 10 following:
  1 11    a.  A group policy of health insurance under this
  1 12 chapter.
  1 13    b.  A plan established pursuant to chapter 509A for
  1 14 public employees.
  1 15    c.  A plan offered pursuant to chapter 513B.
  1 16    d.  A group contract of a nonprofit health service
  1 17 corporation under chapter 514.
  1 18    e.  A group plan of a health maintenance
  1 19 organization under chapter 514B.
  1 20    f.  An organized delivery system authorized under
  1 21 1993 Iowa Acts, chapter 158, and licensed by the
  1 22 director of public health.
  1 23    g.  Preferred provider contracts limiting choice of
  1 24 specific provider.
  1 25    h.  Any other policy, contract, or plan for
  1 26 covering the health care costs of a defined group.
  1 27    2.  A person who issues a policy or contract for
  1 28 group health benefit coverages, including a contract
  1 29 to provide services to a plan providing group health
  1 30 benefit coverages to a group, shall provide notice of
  1 31 a rate increase for the policy or contract at least
  1 32 forty-five days prior to the effective date of the
  1 33 rate increase to the policyholder, contract holder, or
  1 34 sponsor of the group health benefit plan.
  1 35    3.  A person who issues a policy or contract for
  1 36 group health benefit coverages, including a contract
  1 37 to provide services to a plan providing group health
  1 38 benefit coverages to a group, shall provide notice of
  1 39 cancellation of the policy or contract at least forty-
  1 40 five days prior to the effective date of the rate
  1 41 increase to the policyholder, contract holder, or
  1 42 sponsor of the group health benefit plan."
  1 43    #2.  Page 12, by inserting after line 20 the
  1 44 following:
  1 45    "Sec.    .  Section 514.6, Code 2003, is amended to
  1 46 read as follows:
  1 47    514.6  RATES – APPROVAL BY COMMISSIONER – NOTICE
  1 48 OF INCREASE.
  1 49    1.  The rates charged by any such corporation to
  1 50 the subscribers for health care service shall at all
  2  1 times be subject to the approval of the commissioner
  2  2 of insurance.
  2  3    2.  A corporation offering health care services to
  2  4 subscribers pursuant to this chapter shall provide
  2  5 notice of a rate increase to subscribers at least
  2  6 forty-five days prior to the effective date of the
  2  7 rate increase.
  2  8    3.  A corporation offering health care services to
  2  9 subscribers pursuant to this chapter shall provide
  2 10 notice of cancellation to a subscriber at least forty-
  2 11 five days prior to the effective date of the
  2 12 cancellation."
  2 13    #3.  By renumbering, redesignating, and correcting
  2 14 internal references as necessary.  
  2 15 
  2 16 
  2 17                               
  2 18 PETERSEN of Polk 
  2 19 HF 647.701 80
  2 20 jj/cl
     

Text: H01143                            Text: H01145
Text: H01100 - H01199                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

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