HB 1050 — Georgia Life and Health Insurance Guaranty Association; certain persons receiving insurance coverage from health maintenance organization subscriber contracts or health care corporation plans; extend association protections
A BILL to be entitled an Act to amend Chapter 38 of Title 33 of the Official Code of Georgia Annotated, relating to Georgia Life and Health Insurance Guaranty Association, so as to extend association protections to certain persons receiving insurance coverage from health maintenance organization subscriber contracts or health care corporation plans; to provide for applicability; to provide for modernization and updates; to provide for revisions to the assessment formula on long-term care insurance written by impaired or insolvent insurers; to provide for the recoupment of assessments on certain members through a surcharge on premiums as approved by the Commissioner; to provide for definitions; to provide for related matters; to repeal conflicting laws; and for other purposes.
House Date Signed by Governor