Legislative Session number- 83

Bill Name: SF2714

Modifying certain provisions regulating health insurance ARTICLE 1 � HEALTH
INSURANCE REGULATORY CHANGESClarifying certain health plan forms and rates
approval requirements +for accident and sickness insurance; modifying certain
initial premium +rate restrictions and short term coverage requirements for
health carriers+ offering individual coverageARTICLE 2 � CHANGES TO
ACCOMMODATE HEALTH SAVINGS ACCOUNTSExpanding the authority of certain financial
corporations to act as +trustees or custodians for health savings accounts under
the federal medicare +prescription drug, improvement and modernization act of
2003; increasing the +annual out of pocket maximums under health maintenance
contracts (HMO) and the +comprehensive health insurance plan (MCHA), providing
for automatic cost of living adjustments; authorizing health plan companies to
offer, issue, sell +or renew high deductible health plans for use with health
savings accounts, +providing for certain conflicting provisions (je)