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C116E4385C1BD8C88725868600717523 Hearing Summary


Date Feb 24, 2021      
Location HCR 0112

HB21-1033 - Postponed Indefinitely

01:39:18 PM  

Representative Ricks, bill sponsor, introduced House Bill 21-1033.  The bill adds health maintenance organizations (HMOs) as members of the Colorado Life and Health Insurance Protection Association.  It requires the board of the association to develop a methodology to allocate assessments for long-term care insurance written by an impaired or insolvent insurer between health insurance and life insurance companies.  The size of the board is increased from a minimum of five to a minimum of seven and a maximum of nine to a maximum of eleven members.  The bill makes the collection of a surcharge on health insurance premiums to recoup assessments voluntary rather than mandatory.  Representative Ricks requested the committee postpone HB21-1033 indefinitely.

01:43:35 PM
Motion Postpone House Bill 21-1033 indefinitely.
Moved Kennedy
Seconded Williams D.
Baisley Yes
Hanks Excused
Jackson Yes
Kennedy Yes
McCormick Yes
Mullica Yes
Ortiz Yes
Soper Yes
Titone Excused
Van Beber Yes
Williams D. Yes
Caraveo Yes
Lontine Yes
Final YES: 11   NO: 0   EXC: 2   ABS:  0   FINAL ACTION:  PASS

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