HOUSE FILE 15

BY  PETTENGILL

A BILL FOR

An Act allowing the issuance of basic health care coverage that does not meet certain special health and accident insurance requirements, and including applicability provisions.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

   Section 1.  NEW SECTION.  514C.6A  Exemption from chapter requirements.

   Notwithstanding any other provision of this chapter, a third-party payor as defined in section 514C.6 may issue a basic policy, contract, or plan providing for third-party payment or prepayment of health or medical expenses that does not provide coverage for some or any of the special health and accident insurance coverages required by this chapter or does not meet some or any of the other requirements contained in this chapter.
   Sec. 2.  APPLICABILITY.  This Act applies to third-party payment provider policies, contracts, or plans that are delivered, issued for delivery, continued, or renewed in this state on or after January 1, 2012.
EXPLANATION
   This bill allows a third-party payor to issue a basic policy, contract, or plan providing for third-party payment or prepayment of health or medical expenses that does not provide coverage for some or any of the special health and accident insurance coverages required by Code chapter 514C or does not meet some or any of the other requirements contained in this chapter.
   The bill applies to third-party payment provider policies, contracts, or plans that are delivered, issued for delivery, continued, or renewed in this state on or after January 1, 2012.
   For the purposes of the bill, a third-party payor is an accident and sickness insurer subject to Code chapter 509 or 514A; a nonprofit health service corporation subject to Code chapter 514; a health maintenance organization subject to Code chapter 514B; or any other entity engaged in the business of insurance, risk transfer, or risk retention subject to the jurisdiction of the commissioner of insurance.