House File 489 S-3254 Amend House File 489, as amended, passed, and 1 reprinted by the House, as follows: 2 1. Page 3, after line 6 by inserting: 3 < Sec. ___. Section 505.13, Code 2013, is amended to 4 read as follows: 5 505.13 Other insurance —— annual report by the 6 division —— audit . 7 1. The commissioner shall annually cause the 8 preparation and printing of a report to be delivered 9 to the governor. The report shall contain information 10 from the statements required of insurance companies, 11 other than life insurance companies, organized or doing 12 business in the state. The reports shall be delivered 13 on or before the first day of September each year. 14 2. The commissioner shall annually conduct an 15 audit of the investment income of any health insurance 16 carrier that covers more than forty percent of the 17 persons covered by health insurance in the state. The 18 results of the audit shall be included in the annual 19 report to the governor required in subsection 1. The 20 audit shall include but is not limited to information 21 about the following: 22 a. The investments from which income is derived, 23 specifying the amount of investment income and the 24 percentage of total investment income derived from each 25 investment. 26 b. Changes in investments that occur from year to 27 year. 28 c. The source of the moneys which are used to 29 purchase investments from which such investment income 30 is derived. 31 d. A specific itemization of how such investment 32 income is disbursed. > 33 2. By renumbering as necessary. 34 ______________________________ MATT McCOY -1- HF489.2317 (2) 85 av/sc 1/ 1 #1. #2.