HF 2500

SECOND ENGROSSMENT

Individual health insurance policy forms filing and use regulated, minimum loss ratio guarantee established, rates and coverages regulated, various cost disclosures required, and service cooperatives authorized to provide certain coverages.

Section 1: Individual health insurance policy forms filing and use regulated to establishe a minimum loss ratio guarantee, and rates regulated.
Sec. 2: Loss ratio standards modified.
Sec. 3: Premium rate restrictions modified.
Sec. 4: Community-based health care coverage program modified.
Sec. 5: Provider cost disclosure modified.
Sec. 6: Estimated payment disclosure modified.
Sec. 7: Hospital pricing transparency act provided.
Sec. 8: Minimum participation clarified.
Sec. 9: Geographic premium variations modified.
Sec. 10: Exceptions specified.
Sec. 11: Educational programs and services modified.
Sec. 12: Health coverage pool comparison shopping regulations established.
Sec. 13: Legislative report requirements expanded.

AME
5/1/06