H 5495 – Rhode Island

Status: In Process
Year Introduced: 2023
Link: https://webserver.rilegislature.gov/billtext23/housetext23/h5495.htm

Relating to state affairs and government — the Rhode Island healthcare reform act of 2004 — health insurance oversight
(g) To analyze the impact of changing the rating guidelines and/or merging the individual insurance market, as defined in chapter 50 of title 27, in accordance with the following:
(4) The analysis shall include examining the adequacy of current statutory and regulatory oversight of the rating process and factors employed by the participants in the proposed, new merged market.
(6) The health insurance commissioner shall work with an insurance market merger task force to assist with the analysis. The task force shall be chaired by the health insurance commissioner and shall include, but not be limited to, representatives of the general assembly, the business community, small-employer carriers as defined in § 27-50-3, carriers offering coverage in the individual market in Rhode Island, health insurance brokers, and members of the general public.

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