HB 1389 - Health Insurance Rates - Colorado Key Vote
Christine Scanlan voted Yea (Passage) on this Legislation.
Timeline
- Senate Bill Passed
- May 5, 2008
- House Bill Passed
- April 24, 2008
- Introduced
- April 4, 2008
Related Issues
Stage Details
Title: Health Insurance Rates
Vote Smart's Synopsis:
Vote to pass a bill that requires insurance companies to submit for approval proposed rate increases and prohibits rates from being excessive or unfairly discriminatory.
Highlights:
-Requires each insurance carrier to file annually the number of lives insured under each plan the carrier offers to small employers (Sec. 4). -Requires each small insurer to file with the commissioner of insurance a detailed description of its rating practices and renewal underwriting practices and keeps the information confidential unless the commissioner determines to make it public (Sec. 4). -Requires that all rate increases, except for increases of less than five percent for dental insurance, be submitted to the commissioner for approval sixty days prior to their implementation and allows them to be implemented if the commissioner does not approve or disapprove the rates in sixty days (Sec. 6). -Imposes a penalty of up to $25,000 on persons or organizations for knowingly withholding information that would affect insurance rates or premiums from the commissioner of insurance or insurance carriers (Sec. 7). -Requires each insurance carrier to submit a detailed report of costs and other financial information, which the commissioner will publish on the divisions web site (Sec. 9). -Appropriates $309,985 to implement this study from the division of insurance cash fund (Sec. 10).
Title: Health Insurance Rates
Vote Smart's Synopsis:
Vote to pass a bill that requires insurance companies to submit for approval proposed rate increases and prohibits rates from being excessive or unfairly discriminatory.
Highlights:
-Requires each insurance carrier to file annually the number of lives insured under each plan the carrier offers to small employers (Sec. 4). -Requires each small insurer to file with the commissioner of insurance a detailed description of its rating practices and renewal underwriting practices and makes the information public (Sec. 5). -Requires that all rate increases be submitted to the commissioner for approval sixty days prior to their implementation, and allows them to be implemented if the commissioner does not approve or disapprove the rates in sixty days (Sec 6). -Imposes a penalty of up to $25,000 on persons or organizations for knowingly withholding information from the commissioner of insurance or insurance carriers that would affect insurance rates or premiums (Sec. 8). -Appropriates $309,985 for this bill from the division of insurance cash fund (Sec 11).
Title: Health Insurance Rates
- Debbie J. Benefield (CO - D) (Out Of Office)
- Alice J. Borodkin (CO - D) (Out Of Office)
- Dorothy B. Butcher (CO - D) (Out Of Office)
- Terrance D. Carroll (CO - D) (Out Of Office)
- Morgan L. Carroll (CO - D) (Out Of Office)
- Edward Casso (CO - D) (Out Of Office)
- Kathleen E. Curry (CO - I) (Out Of Office)
- Mark Ferrandino (CO - D) (Out Of Office)
- Randy Fischer (CO - D) (Out Of Office)
- K. Jerry Frangas (CO - D) (Out Of Office)
- Sara Gagliardi (CO - D) (Out Of Office)
- Rafael Lorenzo Gallegos (CO - D) (Out Of Office)
- Kenneth Marshall 'Ken' Gordon (CO - D) (Out Of Office)
- Gwyn Green (CO - D) (Out Of Office)
- Mary A. Hodge (CO - D) (Out Of Office)
- John M. Kefalas (CO - D) (Out Of Office)
- Andrew 'Andy' Kerr (CO - D) (Out Of Office)
- Jeanne Labuda (CO - D) (Out Of Office)
- Claire Levy (CO - D) (Out Of Office)
- Alice D. Madden (CO - D) (Out Of Office)
- Liane 'Buffie' McFadyen (CO - D) (Out Of Office)
- Wes McKinley (CO - D) (Out Of Office)
- Michael Merrifield (CO - D) (Out Of Office)
- Karen Middleton (CO - D) (Out Of Office)
- John V. 'Jack' Pommer (CO - D) (Out Of Office)
- Dianne I. Primavera (CO - D) (Out Of Office)
- Brandon C. Shaffer (CO - D) (Out Of Office)
- Judith Anne 'Judy' Solano (CO - D) (Out Of Office)
- John F. Soper (CO - D) (Out Of Office)
- Debbie Stafford (CO - D) (Out Of Office)
- Lois A. Tochtrop (CO - D) (Out Of Office)
- Nancy Janann Todd (CO - D) (Out Of Office)
- Paul Martin Weissmann (CO - D) (Out Of Office)
- Bob L. Bacon (CO - D) (Out Of Office)
- Betty Boyd (CO - D) (Out Of Office)
- Dan Gibbs (CO - D) (Out Of Office)
- Peter C. Groff (CO - D) (Out Of Office)
- Maryanne 'Moe' Keller (CO - D) (Out Of Office)
- John P. Morse (CO - D) (Out Of Office)
- Cherylin N. Peniston (CO - D) (Out Of Office)
- Chris Romer (CO - D) (Out Of Office)
- Ron D. Tupa (CO - D) (Out Of Office)