WA People
BILL · 2009–10 SESSION

HB 1858: Healthcare contractors/HMO's

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

Summary

  • Prohibits, 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 from accumulating capital and reserves, 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 1858), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 30, 2009
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Maralyn Chase (D-32)
Introduced
January 30, 2009 in the House
Last action
March 15, 2010

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

Sponsors

Prime sponsor: Maralyn Chase (D-32)

1 co-sponsor (1 Democrat, 0 Republicans)

Jim Moeller D-49

Votes

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

History

  1. By resolution, reintroduced and retained in present status.
  2. By resolution, reintroduced and retained in present status.
  3. First reading, referred to Health Care & Wellness.

HB 1858 in other sessions

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

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