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SB18-065

Add Health Maintenance Organizations Life And Health Insurance Protection Association

Concerning modifications to the "Life and Health Insurance Protection Association Act".
Session:
2018 Regular Session
Subjects:
Health Care & Health Insurance
Insurance

The bill amends the 'Life and Health Insurance Protection Association Act' as follows:

  • Adds health maintenance organizations (HMOs) as members of the association and subjects HMOs to assessments from the association;
  • Allocates responsibility for long-term care insurance assessments between health insurance and life insurance association members; and
  • Requires member insurers that write health benefit plans in Colorado to collect a fee of up to $2 per month from each certificate holder, policyholder, or contract holder for each certificate, policy, or contract the member insurer issues, to be deposited into a fund for the purpose of defraying the costs of a health insurer insolvency.
    (Note: This summary applies to this bill as introduced.)

Status

Introduced
Lost

Bill Text

Sponsors

Sponsor Type Legislators
Prime Sponsor

Sen. B. Gardner
Rep. T. Kraft-Tharp

Sponsor

Sen. I. Aguilar
Rep. J. Arndt, Rep. J. Coleman, Rep. L. Landgraf, Rep. L. Liston

Co-sponsor