Bills / H.B. 560
H.B. 560 Ambulance Amendments
- Introduced
- House committee (stopped here)
- House vote
- Senate committee
- Senate vote
- Signed into law
What this bill does
This bill creates a new state licensing system for ambulance membership organizations, which sell prepaid memberships covering ambulance costs, and puts them under the Insurance Department's oversight. It requires licensing, renewal, annual reports, reserve funds, a surety bond, required disclosures, and penalties, and bars selling these memberships to people enrolled in Medicaid.
Plain-English summary written by AI from the official description. Check the official text below.
Official description
- provides that accident and health insurance does not include an ambulance membership contract
- enacts Title 31A, Chapter 6c, Ambulance Membership Organizations
- defines terms
- provides that an ambulance membership organization is exempt from certain chapters of Title 31A, Insurance
- provides the powers and duties of the commissioner of the Insurance Department (commissioner) in relation to Title 31A, Chapter 6c, Ambulance Membership Organizations
- provides the licensing requirements for an ambulance membership organization
- provides the license renewal process for an ambulance membership organization
- provides that an ambulance membership organization shall submit an annual report to the commissioner
- provides requirements for an ambulance membership organization to maintain reserve funds and a surety bond
- provides that an ambulance membership organization may charge a fee to a member of the ambulance membership organization
- provides an ambulance membership organization's required disclosures to the ambulance membership organization's members
- provides the requirements for an ambulance membership contract
- prohibits an ambulance membership organization from selling, offering for sale, or providing an ambulance membership contract to an individual enrolled in Medicaid
- provides the requirements for an individual who purchases an ambulance membership contract and who subsequently enrolls in Medicaid
- enacts marketing requirements and required disclosures for an ambulance membership organization
- authorizes the commissioner to revoke or suspend an ambulance membership organization's license
- provides for penalties related to a violation of Title 31A, Chapter 6c, Ambulance Membership Organizations
- makes technical changes
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