SB 276-1_ Filed 03/13/2002, 15:02

CONFERENCE COMMITTEE REPORT

DIGEST FOR ESB 276



Citations Affected: IC 27-8-10.

Synopsis: Annual actuarial study of ICHIA. Conference committee report for ESB 276. Requires the comprehensive health insurance association (ICHIA) to have completed an annual actuarial study of ICHIA and to submit a copy to the legislative council. Requires ICHIA to annually adjust premiums based on the actuarial study. (The introduced version of this bill was prepared by the health finance commission.) (THIS CONFERENCE COMMITTEE REPORT removes provisions that: (1) imposed certain requirements and restrictions concerning the use of credit information in the underwriting of property and casualty insurance; and (2) made a willful violation of the requirements an unfair and deceptive act and practice in the business of insurance.)

Effective: July 1, 2002.



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Adopted Rejected


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CONFERENCE COMMITTEE REPORT

MR. SPEAKER:
    Your Conference Committee appointed to confer with a like committee from the Senate upon Engrossed House Amendments to Engrossed Senate Bill No. 276 respectfully reports that said two committees have conferred and agreed as follows to wit:

    that the Senate recede from its dissent from all House amendments and that the Senate now concur in all House amendments to the bill and that the bill be further amended as follows:

SOURCE: Page 1, line 1; (02)CC027601.1. -->     Page 1, delete lines 1 through 17.
    Delete pages 2 through 10.
    Page 11, delete lines 1 through 18.
    Page 16, delete lines 22 through 26.
    Renumber all SECTIONS consecutively.
    (Reference is to ESB 276 as reprinted February 26, 2002.)




Conference Committee Report

on

Engrossed Senate Bill 276



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igned by:

    ____________________________    ____________________________
    Senator JohnsonRepresentative Crooks
    Chairperson

    ____________________________    ____________________________
    Senator CraycraftRepresentative Ripley

    Senate Conferees    House Conferees


CC027601/DI 97
2002