SB589 CD1

Report Title:

Dental Insurers; Regulation

 

Description:

Makes dental service corporations and dental service organizations subject to examination by the insurance commissioner and to action under the Insurers Supervision, Rehabilitation and Liquidation Act. Exempts dental insurers from assessments for insurance regulation fund. (CD1)

 

THE SENATE	S.B. NO.	589
TWENTY-FIRST LEGISLATURE, 2001		S.D. 1
STATE OF HAWAII		H.D. 1
		C.D. 1

A BILL FOR AN ACT

 

RELATING TO DENTAL INSURANCE.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

SECTION 1. Chapter 423, Hawaii Revised Statutes, is amended by adding a new section to be appropriately designated and to read as follows:

"§423-   Dental service corporation; regulation. Dental service corporations shall be subject to and comply with chapter 431, article 2, parts II and III, and article 15; provided that dental service corporations shall not be subject to sections 431:2-215 and 431:2-216."

SECTION 2. Chapter 448D, Hawaii Revised Statutes, is amended by adding a new section to be appropriately designated and to read as follows:

"§448D-   Dental service organization; regulation. Dental service organizations shall be subject to and comply with chapter 431, article 2, parts II and III, and article 15; provided that dental service organizations shall not be subject to sections 431:2-215 and 431:2-216."

SECTION 3. New statutory material is underscored.

SECTION 4. This Act shall take effect upon its approval and shall be repealed on July 1, 2002.