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1994 SESSION

  • | print version

HB 1195 Conversion of domestic mutual insurer to stock insurer.

Introduced by: Jean W. Cunningham | all patrons    ...    notes | add to my profiles

SUMMARY:

Accident and sickness insurance; conversion of domestic mutual insurer to stock insurer. Requires any domestic mutual insurance company currently providing a health care coverage open enrollment program to continue to offer such program subsequent to any conversion from a mutual insurance company to a stock insurance company. The bill also prescribes a premium tax schedule applicable to the resulting stock insurance company and its subsidiaries.


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