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2013 SESSION

• | print version

HB 1510 Dental or optometric services plans; requirement for nonstock corporation that offer or administer.

Introduced by: Gregory D. Habeeb | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Dental or optometric services plans. Requires any nonstock corporation that offers or administers a dental or optometric services plan without acting as an agent for participating dentists or optometrists to maintain a contingency reserve of at least $4 million. Currently, the contingency reserve must be at least equal to 45 days of anticipated operating expenses and incurred claims expenses generated for its subscription contracts. The measure also requires the State Corporation Commission to subject the nonstock corporation to the requirements regarding the Life, Accident and Sickness Insurance Guaranty Association.

FULL TEXT

• 01/03/13  House: Prefiled and ordered printed; offered 01/09/13 13103060D  pdf | impact statement
• 02/11/13  House: Bill text as passed House and Senate (HB1510ER)  pdf | impact statement
• 02/20/13  Governor: Acts of Assembly Chapter text (CHAP0011)  pdf

HISTORY

• 01/03/13  House: Prefiled and ordered printed; offered 01/09/13 13103060D
• 01/03/13  House: Referred to Committee on Commerce and Labor
• 01/10/13  House: Reported from Commerce and Labor (22-Y 0-N)
• 01/14/13  House: Read first time
• 01/15/13  House: Read second time and engrossed
• 01/16/13  House: Read third time and passed House BLOCK VOTE (98-Y 0-N)
• 01/16/13  House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
• 01/17/13  Senate: Constitutional reading dispensed
• 01/17/13  Senate: Referred to Committee on Commerce and Labor
• 02/04/13  Senate: Reported from Commerce and Labor (15-Y 0-N)
• 02/05/13  Senate: Constitutional reading dispensed (40-Y 0-N)
• 02/06/13  Senate: Read third time
• 02/06/13  Senate: Passed Senate (40-Y 0-N)
• 02/11/13  House: Enrolled
• 02/11/13  House: Bill text as passed House and Senate (HB1510ER)
• 02/11/13  House: Signed by Speaker
• 02/12/13  Senate: Signed by President
• 02/20/13  Governor: Approved by Governor-Chapter 11 (effective 7/1/13)
• 02/20/13  Governor: Acts of Assembly Chapter text (CHAP0011)