BILL · 1997–98 SESSION · LATEST VERSION EHB 2549

HB 2549: Health carrier capital stndr

Establishing risk-based capital standards for health carriers.

Summary

  • For the purpose of monitoring health carrier solvency, a method of tracking and reporting of "risk based capital" (RBC) is established. The RBC of all domestic carriers (and foreign or alien carriers under some circumstances) is reported by the carriers to the Insurance Commissioner (IC, the commissioner), the NAIC, and in other jurisdictions where the carrier is authorized to do business.

From the Senate Bill Report (HB 2549), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed House, stalled in Senate
  1. IntroducedJan 15, 1998
  2. Out of committee
  3. Passed HouseFeb 11, 1998
  4. Passed Senatestopped here
  5. Governor
  6. Law
Prime sponsor
Les Thomas (R-31)
Introduced
January 15, 1998 in the House
Last action
March 12, 1998
Requested by
Other
Companion bill
SB 6302
Budget
Has a fiscal note

Sponsors

Prime sponsor: Les Thomas (R-31)

2 co-sponsors (1 Democrat, 1 Republican)

Votes

House · Final Passage

February 11, 1998
Version voted on: EHB 2549
95 Yea 0 Nay 0 Absent 3 Excused
PartyYeaNayAbsentExcused
Democrat40001
Republican55002
How each member voted

Yea (95)

Excused (3)

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

HB 2549 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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