HB245 Alabama 2012 Session

Under existing federal law, the federal Patient Protection and Affordable Care Act, as amended by the Health Care and Education Reconciliation Act of 2010, requires each state to establish a health insurance exchange to provide a centralized location where persons may obtain comparative information on available health insurance plans and facilitate the purchase and sale of such health insurance plans

This bill would create the Alabama Health Insurance Exchange. This bill would provide that the exchange would operate as a nonprofit public corporation and would be recognized as such for tax purposes. This bill would provide that the exchange would be governed by a board and would provide for the membership, terms, and duties of the board

This bill would require the exchange to make qualified health plans available to qualified individuals and qualified employers. This bill would authorize the exchange to charge fees to health insurance carriers, agents, and brokers in order to fund the exchange

This bill would authorize the exchange to promulgate rules subject to the Administrative Procedure Act necessary to implement and operate the exchange

This bill would provide that if provisions of the federal health care reform act authorizing the exchange are repealed, defunded, or declared unconstitutional by the U.S. Supreme Court, this act would be repealed

To create the Alabama Health Insurance Exchange as an agency of the state; to provide that the exchange shall be operated by a board; to provide for the duties, terms, and membership of the board; to provide for the powers, duties, and obligations of the exchange; to authorize the exchange to hire employees and enter into contracts; to authorize the exchange to charge fees; and to provide that if certain federal laws are repealed, defunded, or declared unconstitutional by the U.S. Supreme Court, this act is repealed.