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Bill Detail: SB21-085

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Title Actuarial Review Health Insurance Mandate Legislation
Status Senate Committee on Appropriations Postpone Indefinitely (04/23/2021)
Bill Subjects
  • Health Care & Health Insurance
  • Higher Education
House Sponsors S. Lontine (D)
Senate Sponsors J. Ginal (D)
J. Smallwood (R)
House Committee
Senate Committee Finance
Date Introduced 02/16/2021
Summary

The bill requires the division of insurance (division) to retain a
contractor on or before November 1, 2021, for the purpose of performing
actuarial reviews of proposed legislation that may impose a new health
benefit mandate on health benefit plans. The contractor, under the
direction of the division, shall conduct an actuarial review of up to 5

legislative proposals for each regular legislative session, each at the
request of a member of the general assembly. Each actuarial review
performed by the contractor must consider the predicted effects of the
legislative proposal during the 5 years immediately following the
effective date of the proposed legislation, including specifically described
considerations.
In preparing a fiscal note for any legislative proposal that may
impose a new health benefit mandate on health benefit plans, the
legislative service agency charged with preparing the fiscal note shall
either:
  • Include in the fiscal note information that is produced by
the contractor in review of the legislative proposal; or
  • If no information is produced by the contractor in review of
the legislative proposal, indicate such fact in the fiscal note.

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Fiscal Notes Fiscal Notes (03/23/2021) (most recent)  
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