Summary of Original Version

Create a new section of subtitle 17A of KRS Chapter 304 to exempt qualified health plans from insurance laws that result, or would result, in a determination that the state must make payments to defray the cost of the requirements under federal law; require the Department of Insurance to apply for a waiver of any cost defrayal requirements.

Summary of Amendment: House Committee Substitute 1

Summary Delete original provisions; repeal and reenact KRS 6.948 to establish a process for health mandate impact statements, federal cost defrayal impact statements, and state employee health plan impact statements to be completed and transmitted; create a new section of Subtitle 17A of KRS Chapter 304 to suspend provisions of the Insurance Code that result, or would result, in the state being required to defray the cost of the provision under federal law; set forth requirements for calculating and making cost defrayal payments; require qualified health plan issuers to use payments received from the state to provide a rebate or reduce premiums to insureds; require the commissioner to promulgate administrative regulations to enforce and effectuate the section; amend KRS 194A.099 to conform; provide that the suspension of certain Insurance Code provisions applies to health insurance plans, certificates, policies, or contracts issued or renewed on or after the effective date of the Act; EMERGENCY.

Summary of Amendment: House Committee Amendment 1 -- M. Meredith

Summary Make title amendment.

Summary of Amendment: Senate Committee Substitute 1

Summary Retain original provisions, except limit suspension of insurance code provisions to provisions that become effective after January 1, 2024; insert construction clause establishing intent of KRS 304.17A-263; require the Department of Insurance to identify within 90 days whether any requirement of KRS 304.17A-263 is in addition to essential health benefits; require the commissioner of insurance and any other state official or state agency to comply with construction clause and identification requirement.

Summary of Amendment: Senate Floor Amendment 1 -- J. Carpenter

Summary Delete section containing construction clause establishing intent of KRS 304.17A-263 and requiring the Department of Insurance to identify within 90 days whether any requirement of KRS 304.17A-263 is in addition to essential health benefits.

Summary of Amendment: Conference Committee Report 1

Summary Retain and adopt original provisions of SCS to HB 186, except delete section containing construction clause for KRS 304.17A-263 and requiring the Department of Insurance to make an identification within 90 days.

Statutes affected:
Acts Chapter 120: 6.948, 194A.099
House Committee Substitute 1: 6.948, 194A.099
Senate Committee Substitute 1: 6.948, 194A.099
Current/Final: 6.948, 194A.099
Current: 6.948, 194A.099