STAND. COM. REP. NO.  188-08

 

Honolulu, Hawaii

                , 2008

 

RE:   H.B. No. 3095

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fourth State Legislature

Regular Session of 2008

State of Hawaii

 

Sir:

 

     Your Committee on Health, to which was referred H.B. No. 3095 entitled:

 

"A BILL FOR AN ACT RELATING TO INSURANCE,"

 

begs leave to report as follows:

 

     The purpose of this bill is to improve the Insurance Commissioner's (Commissioner) ability to protect consumers from improper transactions between insurers and their affiliates by authorizing the Commissioner to monitor the relationships and transactions between mutual benefit societies and their affiliates in the same manner as for other insurers.

 

     The Department of Commerce and Consumer Affairs and a concerned individual supported this bill.

 

     As affirmed by the record of votes of the members of your Committee on Health that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 3095 and recommends that it pass Second Reading and be referred to the Committee on Consumer Protection & Commerce.

 

 

Respectfully submitted on behalf of the members of the Committee on Health,

 

 

 

 

____________________________

JOSHUA B. GREEN, M.D., Chair