Reaffirming the commitment of sister ties between Indiana and Taiwan.
Recognizing and honoring the National Rifle Association.
A CONCURRENT RESOLUTION recognizing the 125th anniversary of the Independent Insurance Agents of Indiana.
Defines "principal place of business". Requires a certified public accountant applying for an initial issuance of a certificate to have one year of experience. (Under current law, an applicant must have two years of experience.) Requires a licensee to hold a license in good standing to convert it to inactive or retired status. Provides that nothing in the statute precludes an inactive or retired status certified public accountant from: (1) providing uncompensated services; (2) participating in a government sponsored business mentoring program; (3) serving on the board of directors for a nonprofit or governmental organization; or (4) serving on a government appointed advisory board.
Allows a credit against the state tax liability of an employer with fewer than 50 employees if the employer has adopted a health reimbursement arrangement in lieu of a traditional employer provided health insurance plan and if the employer's contribution toward the health reimbursement arrangement meets a certain standard. Requires employers that are allowed the credit to report certain information to the department of insurance. Provides that the total amount of credits granted to employers may not exceed $10,000,000 in a taxable year. Provides that the credit may be carried over for 10 years, but may not be carried back. Provides that a health care provider that enters into: (1) a value-based health care reimbursement agreement; and (2) an electronic medical record access agreement; with a health plan may qualify to participate in the health plan's program to reduce or eliminate prior authorization requirements. Requires a health plan that establishes a program to reduce or eliminate prior authorization requirements to provide certain information to health care providers concerning the program.
Provides that a building is exempt from property taxation if it is owned by a nonprofit entity and is: (1) registered as a continuing care retirement community; or (2) licensed as a health care facility. Makes various changes to a provision granting a property tax exemption to cemetery owners.
Memorializing Representative Sally J. Siegrist.
Provides that the office of the attorney general, or an independent auditor with experience auditing expenses related to prescription drugs that is hired through a request for proposal process by the attorney general, shall conduct an audit concerning prescription drug costs for the Medicaid program. Requires the auditor to examine cost sharing, spread pricing, patient steering, proper brand and generic definitions, effective rate clawbacks, medical loss ratio inflation, formulary compliance, discriminatory pricing, and any other metric determined by the attorney general. Provides that the audit look back period for the initial audit must be the previous five state fiscal years. Provides that the audit look back period for every audit conducted thereafter must be the previous three state fiscal years. Provides that the results of an audit must be provided to the legislative council.
Requires a multiple employer welfare arrangement (MEWA) providing benefits for employers that are public entities to provide each public entity that has 51 or more employees covered under the arrangement access to claims data specific to that public entity. Provides that, within a reasonable time after receiving a written request from a participating employer that is a public entity, a MEWA must provide to the public entity certain loss history information concerning the benefits provided by the MEWA for the public entity. Also imposes the duty to provide the loss history information upon the insurer providing the group insurance policy if the MEWA provides benefits for the public entity through a group insurance policy and upon the health maintenance organization if the MEWA provides benefits for the public entity through a group health maintenance contract. Provides that a policy of stop loss insurance issued by a reinsurer to a MEWA providing benefits for a public entity must cover claims submitted within the timely filing limit of the policy and the policy provisions of the stop loss coverage. Prohibits the department of insurance from adopting or enforcing any rule that would reduce the timely filing limit specified within the policy and the policy provisions of the stop loss coverage. Makes the violation of the requirements relating to a MEWA that provides benefits for a public entity an unfair method of competition and an unfair and deceptive act and practice for which the insurance commissioner may issue a cease and desist order, impose a civil penalty, and suspend or revoke a MEWA's certificate of registration.
Celebrating the 125th Anniversary of the Mutual Insurance Companies Association.
