Extends for an additional year the insurance commissioner's oversight of dental service corporations and organizations. Authorizes, rather than requires examinations of dental insurers. (SD1)

A BILL FOR AN ACT

SECTION 1. Act 132, Session Laws of Hawaii 2001, as amended by Act 219, Session Laws of Hawaii 2002, is amended:

(1) By amending sections 1 and 2 to read as follows:

"SECTION 1. Chapter 423, Hawaii Revised Statutes, is amended by adding a new section to be appropriately designated and to read as follows:

"§423-   Dental service corporation; regulation. Dental service corporations shall be subject to and comply with chapter 431, article 2, parts II and III, and article 15; provided that dental service corporations shall not be subject to sections 431:2-215 and 431:2-216[.]; and provided further that examinations of dental service corporations shall be conducted pursuant to section 431:2-302 at the commissioner's discretion."

SECTION 2. Chapter 448D, Hawaii Revised Statutes, is amended by adding a new section to be appropriately designated and to read as follows:

"§448D-   Dental service organization; regulation. Dental service organizations shall be subject to and comply with chapter 431, article 2, parts II and III, and article 15; provided that dental service organizations shall not be subject to sections 431:2-215 and 431:2-216[.]; and provided further that examinations of dental service organizations shall be conducted pursuant to section 431:2-302 at the commissioner's discretion.""

(2) By amending section 4 to read as follows:

"SECTION 4. This Act shall take effect upon its approval and shall be repealed on July 1, [2003.] 2004."

SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.

SECTION 3. This Act shall take effect on June 30, 2003.