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HB 176 Delaware House · 150th General Assembly (2019-2020)

AN ACT TO AMEND TITLES 16 AND 18 OF THE DELAWARE CODE RELATING TO THE DELAWARE HEALTH INSURANCE INDIVIDUAL MARKET STABILIZATION REINSURANCE PROGRAM.

Summary
This Act creates the Delaware Health Insurance Individual Market Stabilization Reinsurance Program & Fund (the “Program”). The Program will be administered by the Delaware Health Care Commission in order to provide reinsurance to health insurance carriers that offer individual health benefit plans in Delaware. The Program will be funded with pass-through funds received from the federal government under the Affordable Care Act, funds provided by the Federal Government for reinsurance, and through a 2.75% annual assessment based on insurance carrier’s premium tax liability.
Bill status in committee 1 of 4 stages cleared
Introduction
Jun 2019
Committee Review
Floor Vote
Governor
Introduced Jun 3, 2019 Last action Jun 11, 2019
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
0
Jun 3, 2019
Introduced
Introduced and Assigned to Administration Committee in House
lower
11 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Bryan Townsend
Bryan Townsend
DDemocratic
DE
11
P
DB
David B. McBride
DDemocratic
DE
13
P
DB
David Bentz
DDemocratic
DE
18
P
JL
John L. Mitchell
DDemocratic
DE
13
P
Photo of Krista Griffith
Krista Griffith
DDemocratic
DE
12
P
Photo of Mike Ramone
Mike Ramone
RRepublican
DE
21
P
Photo of Nicole Poore
Nicole Poore
DDemocratic
DE
12
P
Photo of Paul Baumbach
Paul Baumbach
DDemocratic
DE
23
P
Photo of Pete Schwartzkopf
Pete Schwartzkopf
DDemocratic
DE
14
P
Photo of Raymond Seigfried
Raymond Seigfried
DDemocratic
DE
7
P
Photo of Val Longhurst
Val Longhurst
DDemocratic
DE
15