BILL · 2019–20 SESSION
SB 6451: Nonprofit health carriers
Concerning funding for individuals who are not eligible for federal insurance subsidies and for foundational public health services.
Summary
- Requires nonprofit health carriers to submit the amount of the carrier's surplus to the insurance commissioner (Commissioner) by July 1, 2021, and annually thereafter.
- Requires the Commissioner to determine if a nonprofit carrier's surplus exceeds 400 percent risk based capital (RBC).
- Requires nonprofit carriers to pay 3 percent of any surplus above 400 percent RBC into a fund to be used for certain individual market subsidies and foundational public health services.
From the Senate Bill Report (Orig.) (SB 6451), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedJan 17, 2020
- Out of committeestopped here
- Passed Senate
- Passed House
- Governor
- Law
- Prime sponsor
- Senator (D-46)
- Introduced
- January 17, 2020 in the Senate
- Last action
- January 17, 2020
- Companion bill
- HB 2679
- Budget
- Has a fiscal note
AN ACT Relating to funding for individuals who are not eligible for federal insurance subsidies and for foundational public health services;
Sponsors
Prime sponsor: Senator (D-46)
16 co-sponsors (16 Democrats, 0 Republicans)
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- First reading, referred to Ways & Means.
SB 6451 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- SB 6451 (2017–18) Official state pie
- SB 6451 (2015–16) Fire district annexations
- SB 6451 (2013–14) School construction
- SB 6451 (2011–12) Transportation benefit dists
- SB 6451 (2009–10) Fire sprinkler systems
- SB 6451 (2007–08) Performance audit costs
- SB 6451 (2005–06) Actuarial accrued liability
- SB 6451 (2003–04) Nursing home funding