2011-2012 Regular Session - SB 6
Insurance; premium taxes; group accident and sickness contracts; provisions; Georgia Individual High Risk Reinsurance Pool
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 change certain provisions concerning use of the premium taxes; to change certain provisions of the group accident and sickness contracts, conversion privilege, and continuation of right provisions; to provide for the creation of the Georgia Individual High Risk Reinsurance Pool; to provide for definitions; to provide for operation; to provide for powers and authority; to provide for reinsurance; to provide for premium rates; to provide for assessments; to provide for standards for agents; to provide for design of products; to make certain funding provisions contingent upon passage of a constitutional amendment; to provide for an effective date and applicability; to provide for related matters; to repeal the Commission on the Georgia Health Insurance Risk Pool; to repeal conflicting laws; and for other purposes.
Jan/25/2011 - Senate Read and Referred
Jan/24/2011 - Senate Hopper