Senate File 2357 - Introduced
SENATE FILE
BY COMMITTEE ON COMMERCE
(SUCCESSOR TO SF 2115)
Passed Senate, Date Passed House, Date
Vote: Ayes Nays Vote: Ayes Nays
Approved
A BILL FOR
1 An Act requiring disclosure of employer group health benefit
2 claims and premium information to certain employers.
3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
4 TLSB 6158SV 82
5 av/nh/8
PAG LIN
1 1 Section 1. Section 509.19, subsection 1, paragraph a, Code
1 2 2007, is amended to read as follows:
1 3 a. A person issuing a policy or contract providing group
1 4 health benefit coverages to a group of fifty=one or more
1 5 eligible employees as defined in chapter 513B, or to a group
1 6 of two to fifty eligible employees as defined in chapter 513B
1 7 which during the term of the policy or contract has increased
1 8 to a group of more than fifty eligible employees, shall
1 9 provide to the policyholder, contract holder, or sponsor of
1 10 the group health benefit plan, upon request, annually, but not
1 11 more than three months prior to the policy renewal date, the
1 12 total amount of actual claims identified as paid or incurred
1 13 and paid, and the total amount of premiums by line of
1 14 coverage. If premiums are not billed for each line of
1 15 coverage, it is not necessary to artificially separate
1 16 premiums for each line of coverage and will be acceptable to
1 17 supply total premiums for the period.
1 18 EXPLANATION
1 19 This bill requires an issuer of group health benefit
1 20 coverages to disclose information concerning claims and
1 21 premiums to small employer groups of two to 50 employees which
1 22 increase to a group of more than 50 employees during the term
1 23 of the policy or contract.
1 24 LSB 6158SV 82
1 25 av/nh/8