SF 2293 – Insurance omnibus
FLOOR ACTION:
SF 2293 is based on recommendations by the Iowa Insurance Division (IID) to update and modify regulations in a variety of areas under their jurisdiction, including insurance and securities. The original proposal was amended by the Senate to provide that procedures for external review of health care coverage decisions also apply to external review of coverage for dental coverage, and to address irregularities in a federal program in Iowa, HIPIOWA-FED, which is a high-risk pool program for individuals who have pre-existing conditions and have not been able to find private health insurance. It requires HIPIOWA-FED to accept third-party payment of premiums for individuals enrolled in that program, allows HIPIOWA-FED to assess health insurance carriers in Iowa if the program incurs losses and additional federal funding is not provided to offset the losses, enhances Board membership and accountability, and strikes the third-party payer prohibition (514E.7). The House amended the bill by striking the HIPIOWA-Fed provisions, modifying dental review requirements, and adding navigator language applicable to the federal Affordable Care Act. The Senate further amended the House version by reinstating the HIPIOWA-FED provisions and adding language establishing a health insurance and cost containment bureau. [5/1: 26-23 party-line]