1332 State Waiver Catastrophic Health Plans
| Type | Bill |
|---|---|
| Session | 2018 Regular Session |
| Subjects |
Concerning a waiver of federal law to permit insurance carriers to offer catastrophic health plans to any individual residing in Colorado, and, in connection therewith, making an appropriation.
Bill Summary:
Catastrophic health plans - application for state innovation waiver contingent on actuarial analysis - if waiver approved limitations apply and rules and reporting required - repeal dates - appropriation. The act requires the commissioner of insurance to conduct an actuarial analysis to determine if the sale of catastrophic health plans to Colorado residents 30 years of age and older and to those who do not meet a hardship requirement would result in a reduction in advanced premium tax credits received by Colorado residents or increase the average premiums of individual health plans. If the actuarial analysis demonstrates that the total amount of advanced premium tax credits would not decline, the commissioner shall apply to the secretary of the United States department of health and human services for a 5-year waiver of the federal law that restricts catastrophic health plans offered through the Colorado health benefit exchange to individuals under the age of 30 or meeting a hardship requirement. Catastrophic health plans under an approved waiver must only be sold through the health benefit exchange and would not be eligible for advanced premium tax credits. If the waiver is denied, the statutory section is repealed on the date the revisor of statutes is notified of the denial. If the waiver is approved, the law is repealed January 1, 2023.
The act appropriates $9,200 from the division of insurance cash fund to the department of regulatory agencies for use by the division of insurance for personal services.
(Note: This summary applies to this bill as enacted.)
Committees
Related Documents & Information
| Activity | Vote | Documents |
|---|---|---|
| Refer Senate Bill 18-132 to the Committee of the Whole. | The motion passed on a vote of 13-0. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Adopt amendment L.002 [Attachment A]. | The motion passed without objection. | Vote summary |
| Refer Senate Bill 18-132, as amended, to the Committee on Appropriations. | The motion passed on a vote of 13-0. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Adopt amendment J.001 | The motion passed without objection. | Vote summary |
| Refer Senate Bill 18-132, as amended, to the Committee of the Whole. | The motion passed on a vote of 7-0. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Adopt amendment L.001 (Attachment F). | The motion passed without objection. | Vote summary |
| Refer Senate Bill 18-132, as amended, to the Committee on Appropriations. | The motion passed on a vote of 5-0. | Vote summary |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 04/19/2018 | House Amendments | REPASS |
35
AYE
0
NO
0
OTHER
|
Vote record |
| 04/19/2018 | House Amendments | CONCUR |
35
AYE
0
NO
0
OTHER
|
Vote record |
| 03/08/2018 | Third Reading | BILL |
35
AYE
0
NO
0
OTHER
|
Vote record |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 04/18/2018 | Third Reading | BILL |
62
AYE
0
NO
3
OTHER
|
Vote record |
| Date | Location | Action |
|---|---|---|
| 05/03/2018 | Governor | Governor Signed |
| 04/26/2018 | Governor | Sent to the Governor |
| 04/26/2018 | House | Signed by the Speaker of the House |
| 04/25/2018 | Senate | Signed by the President of the Senate |
| 04/19/2018 | Senate | Senate Considered House Amendments - Result was to Concur - Repass |
| 04/18/2018 | House | House Third Reading Passed - No Amendments |
| 04/17/2018 | House | House Second Reading Passed with Amendments - Committee |
| 04/12/2018 | House | House Second Reading Special Order - Laid Over Daily - No Amendments |
| 04/11/2018 | House | House Committee on Appropriations Refer Unamended to House Committee of the Whole |
| 04/03/2018 | House | House Committee on Health, Insurance, & Environment Refer Amended to Appropriations |
| 03/12/2018 | House | Introduced In House - Assigned to Health, Insurance, & Environment |
| 03/08/2018 | Senate | Senate Third Reading Passed - No Amendments |
| 03/06/2018 | Senate | Senate Third Reading Laid Over to 03/08/2018 - No Amendments |
| 03/05/2018 | Senate | Senate Second Reading Passed with Amendments - Committee |
| 03/01/2018 | Senate | Senate Second Reading Laid Over to 03/05/2018 - No Amendments |
| 02/27/2018 | Senate | Senate Committee on Appropriations Refer Amended to Senate Committee of the Whole |
| 02/15/2018 | Senate | Senate Committee on Health & Human Services Refer Amended to Appropriations |
| 01/29/2018 | Senate | Introduced In Senate - Assigned to Health & Human Services |
Prime Sponsor
Sponsor
Co-Sponsor
| Effective Date | Chapter # | Title | Documents |
|---|---|---|---|
| 08/08/2018 | 194 | 1332 State Waiver Catastrophic Health Plans |