Bill Text: GA HB321 | 2009-2010 | Regular Session | Comm Sub
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Insurance Delivery Enhancement Act of 2009; enact
Spectrum: Partisan Bill (Republican 4-0)
Status: (Vetoed) 2010-06-04 - Veto V4 [HB321 Detail]
Download: Georgia-2009-HB321-Comm_Sub.html
Bill Title: Insurance Delivery Enhancement Act of 2009; enact
Spectrum: Partisan Bill (Republican 4-0)
Status: (Vetoed) 2010-06-04 - Veto V4 [HB321 Detail]
Download: Georgia-2009-HB321-Comm_Sub.html
09 LC
37 0892S
The
House Committee on Insurance offers the following substitute to HB
321:
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
amend Code Section 33-30-1 of the Official Code of Georgia Annotated, relating
to "group accident and sickness insurance" defined and "true association"
defined, so as to provide for changes in the definitions of the terms; to
provide a short title; to provide for related matters; to repeal conflicting
laws; and for other purposes.
BE
IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION
1.
This
Act shall be known and may be cited as the "Insurance Delivery Enhancement Act
of 2009."
SECTION
2.
Code
Section 33-30-1 of the Official Code of Georgia Annotated, relating to "group
accident and sickness insurance" defined and "true association" defined, is
amended by revising paragraphs (2) and (3) of subsection (a) as
follows:
"(2)
Under a policy issued to an association, including a labor union, which shall
have a constitution and bylaws and which has been organized and is maintained in
good faith for purposes other than that of obtaining insurance, insuring at
least
25
10
members, employees, or employees of members of the association for the benefit
of persons other than the association or its officers or trustees. As used in
this paragraph, the term 'employees' may include retired employees;
(3)
Under a policy issued to the trustees of a fund established by two or more
employers in the same industry, by one or more labor unions, by one or more
employers and one or more labor unions, or by an association, as defined in
paragraph (2) of this Code section, which trustees shall be deemed the
policyholder, to insure not less than
25
10
employees of the employers or members of the union or of such association or of
members of such association for the benefit of persons other than the employers
or other unions or such associations. As used in this paragraph, the term
'employees' includes the officers, managers, and employees of the employer and
the individual proprietor or partners, if the employer is an individual
proprietor or partnership. The term may include retired employees. The policy
may provide that the term 'employees' shall include the trustees or their
employees, or both, if their duties are principally connected with such
trusteeship;"
SECTION
3.
Said
Code section is further amended by revising subparagraph (a)(7)(A) as
follows:
"(7)(A)
Under a policy issued to a legal entity providing a multiple employer welfare
arrangement, which means any employee benefit plan which is established or
maintained for the purpose of offering or providing accident and sickness
benefits to the employees of two or more employers, including self-employed
individuals,
individuals
whose compensation is reported on federal Internal Revenue Service Form
1099, and their
spouses or
dependents. The term
does
shall
not apply to any plan or arrangement which is established or maintained by a
tax-exempt rural electric cooperative or a collective bargaining
agreement."
SECTION
4.
Said
Code section is further amended by revising paragraph (1) of subsection (b) as
follows:
"(1)
Has been in existence for at least
five
three
years;"
SECTION
5.
All
laws and parts of laws in conflict with this Act are repealed.