KY HB382 | 2019 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 25 2019 - 100% progression
Action: 2019-03-25 - signed by Governor (KY Acts ch. 070)
Text: Latest bill text (Engrossed) [PDF]
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 25 2019 - 100% progression
Action: 2019-03-25 - signed by Governor (KY Acts ch. 070)
Text: Latest bill text (Engrossed) [PDF]
Summary
Amend KRS 304.42-030 to add coverage for health maintenance organization contracts to the Kentucky Life and Health Insurance Guaranty Association Act; add health care providers rendering services covered under a health insurance policy, contract, or certificate as a beneficiary entitled to coverage; exempt structured settlement factoring transactions and Medicaid policies or contracts from coverage under the subtitle; exempt long-term care or any other health insurance benefits from interest rate coverage exemption; establish a limitation on coverage provided for long-term care riders to a life insurance policy or annuity contract; amend KRS 304.42-050 to conform and add definition for "health benefit plan;" amend KRS 304.42-060 to add health maintenance organizations as members of the Kentucky Life and Health Guaranty Association; amend KRS 304.42-080 to conform and permit the association to reissue policies and contracts of impaired insurers; offer substitute coverage at actuarially justified rates; amend KRS 304.42-090 to conform and make revisions to the assessment requirements; amend KRS 304.42-130 to permit member insurers that are exempt from certain taxes to impose a surcharge to recoup assessments levied; amend KRS 304.42-020, 304.42-110, 304.42-120, 304.42-140, and 304.42-190 to conform.
Title
AN ACT relating to the Kentucky Life and Health Insurance Guaranty Association Act.
Sponsors
Roll Calls
2019-03-13 - Senate - Senate: Third Reading RSN# 965 (Y: 37 N: 0 NV: 0 Abs: 0) [PASS]
2019-03-01 - House - House: Third Reading RCS# 201 (Y: 97 N: 0 NV: 0 Abs: 3) [PASS]
2019-03-01 - House - House: Third Reading RCS# 201 (Y: 97 N: 0 NV: 0 Abs: 3) [PASS]
History
Date | Chamber | Action |
---|---|---|
2019-03-25 | House | signed by Governor (KY Acts ch. 070) |
2019-03-14 | House | delivered to Governor |
2019-03-14 | House | enrolled, signed by President of the Senate |
2019-03-13 | House | enrolled, signed by Speaker of the House |
2019-03-13 | House | received in House |
2019-03-13 | Senate | 3rd reading, passed 37-0 |
2019-03-13 | Senate | posted for passage in the Consent Orders of the Day for Wednesday, March 13, 2019 |
2019-03-12 | Senate | reported favorably, 2nd reading, to Rules as a consent bill |
2019-03-06 | Senate | to Banking & Insurance (S) |
2019-03-06 | Senate | returned to Committee on Committees (S) |
2019-03-06 | Senate | 1st reading |
2019-03-06 | Senate | taken from Committee on Committees (S) |
2019-03-04 | Senate | received in Senate |
2019-03-01 | House | 3rd reading, passed 97-0 |
2019-02-28 | House | posted for passage in the Consent Orders of the Day for Friday, March 1, 2019 |
2019-02-28 | House | 2nd reading, to Rules |
2019-02-27 | House | reported favorably, 1st reading, to Consent Calendar |
2019-02-19 | House | posted in committee |
2019-02-15 | House | to Banking & Insurance (H) |
2019-02-14 | House | introduced in House |