Brief(1)
House Sub. for S.B. 60 allows a health maintenance organization (HMO) domiciled in Kansas a credit, up to 90 percent of its privilege fee due the state, for retaliatory fees it paid to other states as a result of a higher Kansas fee being assessed against HMOs domiciled in the other states. Fees collected are credited to the Kansas Insurance Department Service Regulation Fund from which the Department receives part of its operational funding.
Background
S.B. 60, as originally passed by the Senate, dealt with title insurance and escrow accounts (an issue also dealt with by the House in H.B. 2096). The provisions of S.B. 60 were removed from the bill and selected provisions of H.B. 2517 were placed in the bill as House Sub. for S.B. 60.
House Sub. for S.B. 60 allows to a domestic Kansas HMO the same offset the Legislature allowed for Kansas domestic insurance companies in 1997.
1. *Supplemental notes are prepared by the Legislative Research Department and do not express legislative intent. The supplemental note and fiscal note for this bill may be accessed on the Internet at http://www.ink.org/public/legislative/bill_search.html