Report Title:

Insurance

Description:

Provides the insurance commissioner with discretionary authority to waive filing requirements for foreign health maintenance organizations.

THE SENATE

S.B. NO.

1323

TWENTY-SECOND LEGISLATURE, 2003

 

STATE OF HAWAII

 


 

A BILL FOR AN ACT

 

RELATING TO INSURANCE.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

SECTION 1. Chapter 432D, Hawaii Revised Statutes, is amended by adding a new section to be appropriately designated and to read as follows:

"§432D- . Foreign health maintenance organization; certification. Notwithstanding section 432D-2 or any law to the contrary, the commissioner may waive the filing of any document required to be submitted under section 432D-2. Nothing in this section shall limit the commissioner's authority to require a foreign health maintenance organization to proceed with the certification process under this article if the commissioner, in the commissioner's discretion, determines that it would be in the public interest."

SECTION 2. New statutory material is underscored.

SECTION 3. This Act shall take effect upon its approval.

INTRODUCED BY:

_____________________________

BY REQUEST