Bill Text: HI HB2525 | 2014 | Regular Session | Introduced

Hawaii House Bill 2525 (Prior Session Legislation)

NOTE: There are more recent revisions of this legislation. Read Latest Draft

Bill Title: Health Insurance; Rates; Community Rating; Premiums

Spectrum: Partisan Bill (Democrat 6-0)

Status: (Introduced - Dead) 2014-02-27 - The committee(s) on FIN recommend(s) that the measure be deferred. [HB2525 Detail]

Download: Hawaii-2014-HB2525-Introduced.html

HOUSE OF REPRESENTATIVES	H.B. NO.	2525
TWENTY-SEVENTH LEGISLATURE, 2014
STATE OF HAWAII

A BILL FOR AN ACT

relating to health insurance rates.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

SECTION 1. Section 431:14G-103, Hawaii Revised Statutes, is amended to read as follows:

"[[]§431:14G-103[]] Making of rates[.]; community rating. (a) Rates shall not be excessive, inadequate, or unfairly discriminatory and shall be reasonable in relation to the costs of the benefits provided.

(b) Except to the extent necessary to meet subsection (a), uniformity among managed care plans covering more than fifty members in any matters within the scope of this section shall be neither required nor prohibited.

(c) Rates for individual plans and plans covering more than one member and less than fifty-one members shall be established pursuant to community rating.

For the purposes of this subsection, "community rating" means a rating methodology in which the premium for all persons covered by a policy or contract form is the same based on the experience of the entire pool of risks covered by that policy or contract form without regard to age, sex, health status, tobacco use, or occupation."

SECTION 2. New statutory material is underscored.

SECTION 3. This Act shall take effect upon its approval.

INTRODUCED BY:	_____________________________

Report Title:

Health Insurance; Rates; Community Rating

Description:

Requires individual health insurance plans and small group plans to establish rates based on community rating.

The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.