General Assembly Proposed Bill No. 489
January Session, 2017 LCO No. 2900
*02900*
Referred to Committee on INSURANCE AND REAL ESTATE
Introduced by:
SEN. LOONEY, 11th Dist.
General Assembly
Proposed Bill No. 489
January Session, 2017
LCO No. 2900
*02900*
Referred to Committee on INSURANCE AND REAL ESTATE
Introduced by:
SEN. LOONEY, 11th Dist.
AN ACT ESTABLISHING STATE MEDICAL LOSS RATIOS FOR INDIVIDUAL HEALTH INSURANCE POLICIES AND GROUP HEALTH INSURANCE POLICIES ISSUED TO A SMALL EMPLOYER.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That title 38a of the general statutes be amended to require that (1) each individual health insurance policy have a state medical loss ratio of not less than eighty per cent, and (2) each group health insurance policy issued to a small employer have a state medical loss ratio of not less than eighty-five per cent.
Statement of Purpose:
To establish state medical loss ratios for individual health insurance policies and group health insurance policies issued to small employers.