SB 232 (BR 2040) - D. Karem
AN ACT relating to insurance.
Create new sections of Subtitle 2 of KRS Chapter 304 to allow insurers and agents to engage in insurance activities granted to financial institutions by federal law; authorize the commissioner of insurance to enter into interstate compacts for issuing certificates of authority to insurers.
SB 232 - AMENDMENTS
HFA (1/P, M. Marzian) - Retain original provisions; attach provisions of HB 364 with the exception that the cap on the amount of drug assistance is limited to $500 instead of $700 and the funding is through the Kentucky Health Care Improvement Authority instead of using general funds; create a new section of KRS 205.510 to 205.630 to expand Medicaid coverage to low-income families up to 100% of the federal poverty level; require the Cabinet for Health Services to apply a resource limit of no less than $4,000 per household and exempt 2 cars for families with 2 parents and 1 car for families with 1 parent; require the Cabinet for Health Services to submit a waiver to the federal Health Care Financing Administration to exclude adults with employer-offered health benefit plans in which the total of employer-required premium shares is less than 10% of gross household income and to apply a copayment of $3 to physician office visits, laboratory services, radiology services, prescription drugs, hospital admissions, outpatient surgery, and nonemergency use of the emergency room for adults; require the cabinet to permit families to apply for coverage using the same application form used in determining eligibility for the Kentucky Children's Health Insurance Program; create a new section of KRS 17B of KRS Chapter 304 to establish the Kentucky Health Care Improvement Authority, designate 13 members and name the commissioner of the Department for Medicaid Services as the chair; provide that 70 percent of the moneys in the fund be used for Medicaid coverage for low-income families and the Kentucky Prescription Drug Assistance Program for the elderly, 20 percent be spent on collaborative partnerships between the University of Louisville and the University of Kentucky dedicated to lung cancer research, and 10 percent be spent to discourage the use of harmful substances by minors; appropriate $7,000,000 for fiscal year 2000-2001 and $7,000,000 for fiscal year 2001-2002 from the tobacco settlement to fund the Kentucky Prescription Drug Assistance Program for low-income elderly; appropriate $10,700,000 for fiscal year 2000-2001 and $14,300,000 for fiscal year 2001-2002 from the tobacco settlement to expand Medicaid to low-income parents; EMERGENCY.
HFA (2/Title, M. Marzian) - Make title amendment.
Feb 8-introduced in Senate
Feb 10-to Banking and Insurance (S)
Feb 15-reported favorably, 1st reading, to Consent Calendar
Feb 16-2nd reading, to Rules
Feb 18-posted for passage in the Consent Orders of the Day for Wednesday, February 23, 2000
Feb 23-3rd reading, passed 38-0
Feb 24-received in House
Feb 25-to Banking and Insurance (H)
Mar 1-posted in committee
Mar 9-reported favorably, 1st reading, to Calendar
Mar 10-2nd reading, to Rules
Mar 16-posted for passage in the Regular Orders of the Day for Friday, March 17, 2000
Mar 17-floor amendments (1) and (2-title) filed
Mar 21-floor amendments (1) and (2-title) withdrawn
Mar 22-3rd reading, passed 91-0
Mar 23-received in Senate; enrolled, signed by each presiding officer, delivered to Governor
Mar 31-signed by Governor (Acts ch. 254)