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.
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:
____________________________ ____________________________
Senator JohnsonRepresentative Crooks
Chairperson
____________________________ ____________________________
Senator CraycraftRepresentative Ripley
Senate Conferees House Conferees