BILL · 2007–08 SESSION

HB 3323: Nonprofit use of premiums

Restricting the use of premiums by nonprofit domestic health care service contractors and health maintenance organizations.

Summary

  • Provides if a domestic health care service contractor organized as a nonprofit organization or a domestic health maintenance organization organized as a nonprofit organization invests premiums received from policyholders from this state into a for-profit corporation doing business in another state, the health care service contractor or health maintenance organization must file the names of the board members of that…

From the Bill Digest (HB 3323), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 31, 2008
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. 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

  1. First reading, referred to Insurance, Financial Services & Consumer Protection.

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