HB 1221-1_ Filed 04/06/2011, 15:02
Adopted 4/7/2011

COMMITTEE REPORT




MADAM PRESIDENT:

    The Senate Committee on Health and Provider Services, to which was referred House Bill No. 1221, has had the same under consideration and begs leave to report the same back to the Senate with the recommendation that said bill be AMENDED as follows:

SOURCE: Page 1, line 5; (11)AM122103.1. -->     Page 1, line 5, delete "an in force" and insert " a".
    Page 1, line 6, after "is" insert " in force and".
    Page 1, line 6, delete "who has:" and insert " who:
        (1) is:
            (A) at least fifty-five (55) years of age; or
            (B) permanently institutionalized; and
        (2) has:
            (A) made an irrevocable election to name the state as a beneficiary of the life insurance policy for an amount equal to:
                (i) Medicaid benefits provided to the recipient under IC 12-15-5 or IC 12-14-17; plus

                 (ii) premiums or expenses paid by the office to the insurer that issued the life insurance policy; or
             (B) collaterally assigned the life insurance policy to the state under a written agreement submitted to and recorded by the insurer that issued the life insurance policy.".
    Page 1, delete lines 7 through 13.
    Page 1, line 14, delete "policy" and insert " life insurance policy that is in force and".
    Page 1, line 17, before "policy" insert " life insurance".
    Page 2, line 1, after "the" insert " life insurance".
    Page 2, line 3, delete "Policy" and insert " Life insurance policy".
    Page 4, line 31, after "policy" insert " that is in force and".
    Page 4, line 32, after "recipient" insert " who is at least fifty-five (55) years of age or permanently institutionalized".
    Page 4, line 37, delete "the amount of" and insert " :
            (A)
".
    Page 4, line 38, delete "; or" and insert " under IC 12-15-5 or IC 12-14-17; plus
             (B) premiums or expenses paid by the office to the insurer that issued the life insurance policy; or".
    Page 4, line 41, delete "issuing company of" and insert " insurer that issued".
    (Reference is to HB 1221 as printed February 11, 2011.)

and when so amended that said bill do pass .

Committee Vote: Yeas 6, Nays 0.

____________________________________

Senator Miller


AM 122103/DI 104    2011