Introduced
by
To revise the annual deadlines for a required Office of Financial and Insurance Services report on whether or not competition exists throughout the worker's compensation insurance market, require annual hearings on the issue, and revise the market share threshold at which a company is considered to control the worker’s comp market from 15 percent to 22 percent.
Referred to the Committee on Insurance and Financial Services
Passed in the House 103 to 0 (details)
Referred to the Committee on Finance
Substitute offered
To revise the annual deadlines for a required Office of Financial and Insurance Services report on whether or not competition exists throughout the worker's compensation insurance market; and replace a provision which defines competition as existing when no one company controls more than 15 percent of the worker’s comp market, with a standard which simply requires that "a reasonable" degree of competition exists.
The substitute passed by voice vote
Substitute offered
by
To replace the previous version of the bill with one which uses it as a "vehicle" to increase from five percent to six percent the “Michigan Medicaid Quality Assurance Assessment” (MMQAA) fee on HMOs. The program imposes a "bed tax" on HMOs, which allows the state to collect an even greater amount of federal Medicaid revenue, much of which goes to the HMOs, resulting in a net gain. (For more details on the MMQAA see Senate Bills 1101 and 748, and House Bills 5103, 4373, and 4057).
The substitute passed by voice vote
Passed in the Senate 35 to 0 (details)
To revise the annual deadlines for a required Office of Financial and Insurance Services report on whether or not competition exists throughout the worker's compensation insurance market; and replace a provision which defines competition as existing when no one company controls more than 15 percent of the worker’s comp market, with a standard which simply requires that "a reasonable" degree of competition exists. The bill would also increase from five percent to six percent the “Michigan Medicaid Quality Assurance Assessment” (MMQAA) fee on HMOs. The program imposes a "bed tax" on HMOs, which allows the state to collect an even greater amount of federal Medicaid revenue, much of which goes to the HMOs, resulting in a net gain. For more details on the MMQAA see Senate Bills 1101 and 748, and House Bills 5103, 4373, and 4057.
Passed in the House 104 to 0 (details)
To concur with the Senate-passed version of the bill.
