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Bill > HB4435
TX HB4435
TX HB4435Relating to the creation of a health insurance risk pool for certain health benefit plan enrollees; authorizing an assessment.
summary
Introduced
03/08/2019
03/08/2019
In Committee
03/26/2019
03/26/2019
Crossed Over
Passed
Dead
05/27/2019
05/27/2019
Introduced Session
86th Legislature Regular Session
Bill Summary
Relating to the creation of a health insurance risk pool for certain health benefit plan enrollees; authorizing an assessment.
AI Summary
This bill establishes a health insurance risk pool to provide a mechanism to reduce health insurance premiums in the individual health insurance market by maximizing available federal funds. The commissioner of insurance may apply for federal funds and use them to establish and administer the pool, which can provide reinsurance or direct funding to health benefit plan issuers writing guaranteed issue coverage in the individual market. The bill authorizes the commissioner to assess health benefit plan issuers to cover the pool's funding requirements, with certain exemptions and provisions for abatement or deferment of assessments. The bill also allows the commissioner to apply for a waiver of certain provisions of the Affordable Care Act and to exercise authority as a reinsurer.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Withdrawn from schedule (on 04/30/2019)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://capitol.texas.gov/BillLookup/History.aspx?LegSess=86R&Bill=HB4435 | 03/09/2019 |
| BillText | https://capitol.texas.gov/tlodocs/86R/billtext/html/HB04435I.htm | 03/09/2019 |
| Bill | https://capitol.texas.gov/tlodocs/86R/billtext/pdf/HB04435I.pdf | 03/09/2019 |
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