BILL · 2005–06 SESSION

HB 2795: Health care contractors

Limiting maximum capital and surplus accumulations by health care service contractors and health maintenance organizations.

Summary

  • Provides that, when annual premiums are in excess of two hundred fifty million dollars, a health care service contractor under chapter 48.44 RCW or a health maintenance organization under chapter 48.46 RCW may not accumulate capital and surplus, including risk-based capital (RBC), in excess of two months of claims expense as reported on line 18 of the quarterly statement of revenue and expenses, as existing on the…

From the Bill Digest (HB 2795), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 13, 2006
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Maralyn Chase (D-32)
Introduced
January 13, 2006 in the House
Last action
January 13, 2006

AN ACT Relating to maximum capital and surplus accumulations by health care service contractors and health maintenance organizations;

Sponsors

Prime sponsor: Maralyn Chase (D-32)

3 co-sponsors (3 Democrats, 0 Republicans)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. First reading, referred to Health Care.

HB 2795 in other sessions

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

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