Under existing law, the Alabama Health Insurance Plan was created to comply with the requirements of the Health Insurance Portability and Accountability Act (HIPPA) to provide guaranteed-issue health insurance to eligible persons in this state.
This bill would authorize the Alabama Health Insurance Plan to cease operations if the market reforms provided in the Patient Protection and Affordable Care Act satisfy the guaranteed-issue requirements of HIPPA.
The bill would also provide that, after liabilities of the plan are satisfied, unspent and unencumbered funds of the plan would be transferred to the State General Fund.
Pending third reading on day 12 Favorable from Banking and Insurance
Read for the second time and placed on the calendar
Read for the first time and referred to the Senate committee on Banking and Insurance
Engrossed
Motion to Read a Third Time and Pass adopted Roll Call 63
Motion to Adopt adopted Roll Call 62
Insurance Amendment Offered
Third Reading Passed
Read for the second time and placed on the calendar 1 amendment
Read for the first time and referred to the House of Representatives committee on Insurance
Source: Alabama Legislature