Maddy summaryHB 1901 establishes the Missouri Premium Security Plan, a state-based reinsurance program designed to support individual health insurance carriers by reimbursing them for a portion of high claims costs. The Department of Commerce and Insurance will administer the plan by setting specific financial thresholds, known as an attachment point and a reinsurance cap, along with a reimbursement rate to determine how much money carriers receive. This mechanism aims to stabilize or reduce insurance premiums, increase participation in the individual market, and mitigate the impact of high-risk individuals on overall rates. Eligible health carriers, including licensed insurance companies and health maintenance organizations, must provide data to the department to qualify for these payments, which are disbursed based on claims incurred during each benefit year.
Total votes
858
all sessions
Attendance
94%
50 missed
Near the chamber average
With party
94%
of cast votes
Near the chamber average
Bipartisan score
4%
crosses aisle rarely
Near the chamber average
Sponsored
160
bills & resolutions
Near the chamber average
Committees
6
assignments
160 bills and resolutions
Sponsored bills
Total
160
Primary
77
Co-sponsor
83
This page
160
matching current filters
Creates the "Missouri Premium Security Plan"
In committee May 17, 2024
0 co-sponsors
Passed May 8, 2024
0 co-sponsors
In committee May 2, 2024
1 co-sponsor
Passed Apr 25, 2024
1 co-sponsor
In committee Mar 14, 2024
0 co-sponsors
In committee May 12, 2023
0 co-sponsors
In committee May 12, 2023
0 co-sponsors
In committee May 12, 2023
0 co-sponsors
In committee May 12, 2023
0 co-sponsors
In committee May 12, 2023
0 co-sponsors
Ask Maddy
·
AI policy assistant
Ask Maddy about Raychel Proudie
Scope: missouri
Hi! I can help you understand Raychel Proudie's legislative record. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline