BILL · 2007–08 SESSION
HB 3322: Nonprofit use of premiums
Restricting the use of premiums by nonprofit domestic health care service contractors and health maintenance organizations.
Summary
- Provides a domestic health care service contractor organized as a nonprofit organization and a domestic health maintenance organization organized as a nonprofit organization may not use premiums received from policyholders from this state to subsidize activities of related for-profit corporations doing business in another state.
From the Bill Digest (HB 3322), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedJan 31, 2008
- Out of committeestopped here
- Passed House
- Passed Senate
- Governor
- Law
- Prime sponsor
- Maralyn Chase (D-32)
- Introduced
- January 31, 2008 in the House
- Last action
- January 31, 2008
AN ACT Relating to restricting the use of premiums by nonprofit domestic health care service contractors and health maintenance organizations;
Sponsors
Prime sponsor: Maralyn Chase (D-32)
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- First reading, referred to Insurance, Financial Services & Consumer Protection.