HB1247

TabledTabled in committee···

create the medical reinsurance program and to make an appropriation therefor.

Ryan Cwach

House Bill

Health InsuranceInsurance Regulation

Official Page

IntroducedIntro

In CommitteeCmte

Passed OriginPassed

CrossoverCross

At GovernorGov

TabledTbld

South Dakota is creating a new medical reinsurance program within the Division of Insurance to help pay for certain high-cost health insurance claims. The program will be funded through assessments on health insurers based on their premium earnings, and will reimburse insurers for claims that exceed a set dollar threshold per individual in a benefit year.

AI-generated summary

Healthcare providersBill would regulate (relevance: 80%)

Changes to Existing Law

1 section affected16 words added32 words removed

View full diff

§ 4-5-29.1amended

History (4)

Feb 26, 2020J
Committee on Appropriations Tabled Passed, YEAS 12, NAYS 2.
Feb 26, 2020J
Committee on Appropriations Scheduled for hearing
Feb 18, 2020H
House of Representatives Referred to Joint Committee on Appropriations H.J. 298
Feb 6, 2020H
First Reading House H.J. 210

Sponsors (5)

Ryan Cwach

Prime sponsor · Rep.

Cosponsors

Linda Duba

Reynold Nesiba

Shawn Bordeaux

V. J. Smith

Roll Call Votes (1)

Committee on Appropriations — Tabled

Feb 26, 2020House

Passed

Yea: 12Nay: 2Absent: 4