Hawaii State Legislature
2006 Legislative Session

HB651

Generated on 8/25/2006 1:49:50 PM

Measure Title: RELATING TO HEALTH INSURANCE.
Report Title: Relating to Health Insurance
Description: Reduces the maximum reserves that a managed care plan may hold from 50% of annual expenses to 30% of annual expenses. Allows the commissioner to waive the requirement of a refund if subscribers of a managed care plan would be jeopardized by it, if the managed care plan would need the reserve to increase its enrollment or make capital investments, or if the excess to be refunded is the result of temporary fluctuations in investments.
Package: Governor
Companion:SB760
Introducer(s): SAY (BR)
Current Referral:HLT/LAB, CPC, FIN

Date Status Text
1/24/2005HPending introduction.
1/26/2005HIntroduced and Pass First Reading
1/27/2005HReferred to HLT/LAB, CPC, FIN, referral sheet 5
12/2/2005 10:33:03 AMDCarried over to 2006 Regular Session

$ = Appropriation measure
ConAm = Constitutional Amendment