Bill Text: CT SB00489 | 2017 | General Assembly | Introduced

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Bill Title: An Act Establishing State Medical Loss Ratios For Individual Health Insurance Policies And Group Health Insurance Policies Issued To A Small Employer.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2017-01-20 - Referred to Joint Committee on Insurance and Real Estate [SB00489 Detail]

Download: Connecticut-2017-SB00489-Introduced.html

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General Assembly		Proposed Bill No. 489
January Session, 2017		LCO No. 2900
		*02900*
Referred to Committee on INSURANCE AND REAL ESTATE
Introduced by:
SEN. LOONEY, 11th Dist.

AN ACT ESTABLISHING STATE MEDICAL LOSS RATIOS FOR INDIVIDUAL HEALTH INSURANCE POLICIES AND GROUP HEALTH INSURANCE POLICIES ISSUED TO A SMALL EMPLOYER.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That title 38a of the general statutes be amended to require that (1) each individual health insurance policy have a state medical loss ratio of not less than eighty per cent, and (2) each group health insurance policy issued to a small employer have a state medical loss ratio of not less than eighty-five per cent.

Statement of Purpose:

To establish state medical loss ratios for individual health insurance policies and group health insurance policies issued to small employers.