Section 376.961

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS

Chapter 376

Effective - 28 Aug 2013, 3 histories   

  376.961.  Missouri health insurance pool created — members to be all health insurers in state — board of directors, members, terms, qualifications — transitioning resources. — 1.  There is hereby created a nonprofit entity to be known as the "Missouri Health Insurance Pool".  All insurers issuing health insurance in this state and insurance arrangements providing health plan benefits in this state shall be members of the pool.

  2.  Beginning January 1, 2007, the board of directors shall consist of the director of the department of commerce and insurance or the director's designee, and eight members appointed by the director.  Of the initial eight members appointed, three shall serve a three-year term, three shall serve a two-year term, and two shall serve a one-year term.  All subsequent appointments to the board shall be for three-year terms.  Members of the board shall have a background and experience in health insurance plans or health maintenance organization plans, in health care finance, or as a health care provider or a member of the general public; except that, the director shall not be required to appoint members from each of the categories listed.  The director may reappoint members of the board.  The director shall fill vacancies on the board in the same manner as appointments are made at the expiration of a member's term and may remove any member of the board for neglect of duty, misfeasance, malfeasance, or nonfeasance in office.

  3.  Beginning August 28, 2007, the board of directors shall consist of fourteen members.  The board shall consist of the director and the eight members described in subsection 2 of this section and shall consist of the following additional five members:

  (1)  One member from a hospital located in Missouri, appointed by the governor, with the advice and consent of the senate;

  (2)  Two members of the senate, with one member from the majority party appointed by the president pro tem of the senate and one member of the minority party appointed by the president pro tem of the senate with the concurrence of the minority floor leader of the senate; and

  (3)  Two members of the house of representatives, with one member from the majority party appointed by the speaker of the house of representatives and one member of the minority party appointed by the speaker of the house of representatives with the concurrence of the minority floor leader of the house of representatives.

  4.  The members appointed under subsection 3 of this section shall serve in an ex officio capacity.  The terms of the members of the board of directors appointed under subsection 3 of this section shall expire on December 31, 2009.  On such date, the membership of the board shall revert back to nine members as provided for in subsection 2 of this section.

  5.  Beginning on August 28, 2013, the board of directors, on behalf of the pool, the executive director, and any other employees of the pool, shall have the authority to provide assistance or resources to any department, agency, public official, employee, or agent of the federal government for the specific purpose of transitioning individuals enrolled in the pool to coverage outside of the pool beginning on or before January 1, 2014.  Such authority does not extend to authorizing the pool to implement, establish, create, administer, or otherwise operate a state-based exchange.

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(L. 1990 H.B. 998 § 2 subsecs. 1, 2, 3, A.L. 2006 S.B. 837, A.L. 2007 H.B. 818, A.L. 2013 S.B. 262)