SB 509 - Health Insurance Competition/Rate Relief Act; determination by Commissioner; insurance market; competitive manner; provide notice

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Committees

Current Status

02/03/06 - Senate Read and Referred

First Reader Summary

A BILL to be entitled an Act to amend Title 33 of the Official Code of Georgia Annotated, relating to insurance, so as to provide a short title; to provide for the determination by the Commissioner that the insurance market in this state is not functioning in a competitive manner; to provide for certain notice; to provide for certain filings regarding accident and sickness insurance following such notice; to require the Commissioner to approve certain filings and rate increases; to provide for applicability; to provide for rules and regulations concerning such filings; to provide for related matters; to repeal conflicting laws; and for other purposes.

Status History

Bill History
Date Action
02/03/2006 Senate Read and Referred