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]

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.

Tracking Information

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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]

History

DateChamberAction
2019-03-25Housesigned by Governor (KY Acts ch. 070)
2019-03-14Housedelivered to Governor
2019-03-14Houseenrolled, signed by President of the Senate
2019-03-13Houseenrolled, signed by Speaker of the House
2019-03-13Housereceived in House
2019-03-13Senate3rd reading, passed 37-0
2019-03-13Senateposted for passage in the Consent Orders of the Day for Wednesday, March 13, 2019
2019-03-12Senatereported favorably, 2nd reading, to Rules as a consent bill
2019-03-06Senateto Banking & Insurance (S)
2019-03-06Senatereturned to Committee on Committees (S)
2019-03-06Senate1st reading
2019-03-06Senatetaken from Committee on Committees (S)
2019-03-04Senatereceived in Senate
2019-03-01House3rd reading, passed 97-0
2019-02-28Houseposted for passage in the Consent Orders of the Day for Friday, March 1, 2019
2019-02-28House2nd reading, to Rules
2019-02-27Housereported favorably, 1st reading, to Consent Calendar
2019-02-19Houseposted in committee
2019-02-15Houseto Banking & Insurance (H)
2019-02-14Houseintroduced in House

Subjects


Kentucky State Sources


Bill Comments

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