Bill Text: GA SB105 | 2009-2010 | Regular Session | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Insurance Commissioner; authorize health reimbursement arrangement only plans; approved for sale; individual health insurance policies
Spectrum: Partisan Bill (Republican 2-0)
Status: (Engrossed - Dead) 2009-04-03 - House Withdrawn, Recommitted [SB105 Detail]
Download: Georgia-2009-SB105-Introduced.html
Bill Title: Insurance Commissioner; authorize health reimbursement arrangement only plans; approved for sale; individual health insurance policies
Spectrum: Partisan Bill (Republican 2-0)
Status: (Engrossed - Dead) 2009-04-03 - House Withdrawn, Recommitted [SB105 Detail]
Download: Georgia-2009-SB105-Introduced.html
09 LC 28
4516
Senate
Bill 105
By:
Senators Hill of the 32nd and Johnson of the 1st
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
amend Title 33 of the Official Code of Georgia Annotated, relating to insurance,
so as to provide that the Commissioner of Insurance shall be authorized to allow
certain health reimbursement arrangement only plans that encourage employer
financial support of health insurance or health related expenses to be approved
for sale in connection with or packaged with otherwise approved individual
health insurance policies; to provide for an effective date; to repeal
conflicting laws; and for other purposes.
BE
IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION
1.
Title
33 of the Official Code of Georgia Annotated, relating to insurance, is amended
by adding a new Code section to read as follows:
"33-51-7.
(a)
The Commissioner shall be authorized to allow health reimbursement arrangement
only plans that encourage employer financial support of health insurance or
health related expenses recognized under the rules of the federal Internal
Revenue Service to be approved for sale in connection with or packaged with
individual health insurance policies otherwise approved by the
Commissioner.
(b)
Health reimbursement arrangement only plans that are not sold in connection with
or packaged with individual health insurance policies shall not be considered
insurance under this title.
(c)
Individual insurance policies offered or funded through health reimbursement
arrangements shall not be considered employer sponsored or group coverage for
purposes of this title, and nothing in this Code section shall be interpreted to
require an insurer to offer an individual health insurance policy for sale in
connection with or packaged with a health reimbursement arrangement or to accept
premiums from health reimbursement arrangement plans for individual health
insurance policies."
SECTION
2.
This
Act shall become effective upon its approval by the Governor or upon its
becoming law without such approval.
SECTION
3.
All
laws and parts of laws in conflict with this Act are repealed.