Legislature(1999 - 2000)
03/22/2000 03:20 PM House L&C
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* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
HB 303-MISC. INSURANCE PROVISIONS CHAIRMAN ROKEBERG announced the next order of business would be HOUSE BILL NO. 303, "An Act relating to the method of payment of fees and adoption of regulations under AS 21; relating to orders under AS 21 regarding risk based capital instructions; relating to accounting standards for insurance companies; amending the definitions of 'creditable coverage' and 'late enrollees' in AS 21.54; relating to requirements for small employer insurers; relating to requirements for issuance of new voting securities by an insurance company; requiring health care insurance coverage for reconstructive surgery following mastectomy; requiring guaranteed renewability of and certification of coverage regarding certain individual health insurance policies; and providing for an effective date." CHAIRMAN ROKEBERG explained that this bill makes some technical corrections including the federally mandated reconstructive surgery following a mastectomy. He commented that it is important to make these technical corrections to state statute in order to retain primacy of the Division of Insurance on the health insurance in Alaska with respect to affordability. Number 0647 REPRESENTATIVE HALCRO made a motion to move HB 303 out of committee with individual recommendations and the attached zero fiscal note. There being no objection, HB 303 moved out of the House Labor and Commerce Standing Committee.
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