as introduced - 83rd Legislature (2003 - 2004) Posted on 12/15/2009 12:00am
|Introduction||Posted on 01/21/2003|
1.1 A bill for an act 1.2 relating to insurance; requiring certain insurers to 1.3 provide information on certain costs; proposing coding 1.4 for new law in Minnesota Statutes, chapter 62D. 1.5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.6 Section 1. [62D.191] [DISCLOSURE OF COMPENSATION AND 1.7 TRAVEL; HIGHLY COMPENSATED EMPLOYEES.] 1.8 (a) A health maintenance organization must file with the 1.9 commissioner of commerce, the commissioner of health, and the 1.10 attorney general, no later than April 1 of each year, a report 1.11 that complies with this section, covering the immediately 1.12 preceding calendar year. 1.13 (b) The report required by paragraph (a) must include, for 1.14 each of the 20 current or former employees or directors who 1.15 received the most total compensation from the health maintenance 1.16 organization, the following information: 1.17 (1) the person's name and job title; 1.18 (2) the person's total compensation received from the 1.19 health maintenance organization, including salary, fringe 1.20 benefits, rights to deferred or other future compensation, 1.21 vehicles or vehicle allowances, bonuses, and severance payments; 1.22 and 1.23 (3) a list of the person's travel paid for or reimbursed by 1.24 the health maintenance organization, including for each trip the 1.25 date or dates, destination, and total amount paid for or 2.1 reimbursed by the health maintenance organization. The list of 2.2 travel may exclude travel to or within Minnesota, Wisconsin, 2.3 Iowa, North Dakota, or South Dakota. 2.4 (c) A health maintenance organization that complies with 2.5 this section need not comply with section 62Q.64. 2.6 (d) This section does not require disclosure of information 2.7 with respect to any person whose total compensation from the 2.8 health maintenance organization was less than $50,000 for the 2.9 calendar year. 2.10 (e) The attorney general has, for purposes of enforcing 2.11 this section, the enforcement powers otherwise available to the 2.12 attorney general under chapter 8. 2.13 (f) The commissioner of commerce has, for purposes of 2.14 enforcing this section, the enforcement powers otherwise 2.15 available to that commissioner under chapter 45. 2.16 (g) The commissioner of health has, for purposes of 2.17 enforcing this section, the enforcement powers otherwise 2.18 available to that commissioner under this chapter. 2.19 Sec. 2. [EFFECTIVE DATE.] 2.20 Section 1 is effective the day following final enactment.