Bill
Bill > HB193
DE HB193
DE HB193An Act To Amend Titles 16 And 18 Of The Delaware Code Relating To The Delaware Health Insurance Individual Market Stabilization Reinsurance Program.
summary
Introduced
06/10/2019
06/10/2019
In Committee
06/13/2019
06/13/2019
Crossed Over
06/13/2019
06/13/2019
Passed
06/20/2019
06/20/2019
Dead
Signed/Enacted/Adopted
06/20/2019
06/20/2019
Introduced Session
150th General Assembly
Bill Summary
This Act creates the Delaware Health Insurance Individual Market Stabilization Reinsurance Program & Fund (the Program). The Program will be administered by the Delaware Health Care Commission in order to provide reinsurance to health insurance carriers that offer individual health benefit plans in Delaware. The Program will be funded with passthrough funds received from the federal government under the Affordable Care Act, funds provided by the Federal Government for reinsurance, and through a 2.75% annual assessment based on insurance carriers premium tax liability.
AI Summary
This bill creates the Delaware Health Insurance Individual Market Stabilization Reinsurance Program and Fund (the Program) to provide reinsurance to health insurance carriers that offer individual health benefit plans in Delaware. The Program will be administered by the Delaware Health Care Commission and funded through federal pass-through funds under the Affordable Care Act, federal reinsurance funds, and a 2.75% annual assessment on insurance carriers' premium tax liability. The bill also establishes the rules and procedures for the Program, including setting the attachment point, coinsurance rate, and coinsurance cap, as well as reporting requirements.
Committee Categories
Government Affairs, Health and Social Services
Sponsors (11)
Paul Baumbach (D)*,
David Bentz (D)*,
Krista Griffith (D)*,
Valerie Longhurst (D)*,
John Mitchell (D)*,
Mike Ramone (R)*,
Pete Schwartzkopf (D)*,
Raymond Seigfried (D)*,
David McBride (D),
Nicole Poore (D),
Bryan Townsend (D),
Last Action
Signed by Governor (on 06/20/2019)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://legis.delaware.gov/BillDetail?LegislationId=47632 |
| BillText | http://legis.delaware.gov/json/BillDetail/GenerateHtmlDocument?legislationId=47632&legislationTypeId=1&docTypeId=2&legislationName=HB193 |
Loading...