Bill Text: HI HB1384 | 2022 | Regular Session | Introduced
Bill Title: Relating To Medical Loss Ratios.
Spectrum: Moderate Partisan Bill (Democrat 5-1)
Status: (Introduced - Dead) 2022-02-08 - The committee(s) on HHH recommend(s) that the measure be deferred. [HB1384 Detail]
Download: Hawaii-2022-HB1384-Introduced.html
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HOUSE OF REPRESENTATIVES |
H.B. NO. |
1384 |
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THIRTY-FIRST LEGISLATURE, 2021 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
relating to medical loss ratios.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Chapter 346, Hawaii Revised Statutes, is amended by adding a new section to be appropriately designated and to read as follows:
"§346- Managed
care organization; medical loss ratio. Beginning on January 1, 2022, each
managed care organization shall annually report its medical loss ratio to the department.
As used in this section, "medical loss ratio"
means the proportion of premium revenues spent on clinical services and quality
improvement."
SECTION 2. New statutory material is underscored.
SECTION 3. This Act shall take effect upon its approval.
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INTRODUCED BY: |
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Report Title:
Managed Care Organization; Medical Loss Ratio
Description:
Beginning on January 1, 2022, requires each managed care organization to annually report its medical loss ratio to the department of human services.
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
