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HMO Solvency Act of 2000

Introduced: February 16, 2000 See on congress.gov
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 7, 2000
Referred to the Subcommittee on Health.
Feb 29, 2000
Referred to the Subcommittee on Health and Environment.
Feb 16, 2000
Referred to the Committee on Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Feb 16, 2000
Introduced in House
 Plain-English summary Congressional Research Service
HMO Solvency Act of 2000 - Amends title XIX (Medicaid) of the Social Security Act (SSA) to establish solvency-related requirements for Medicaid managed care organizations, requirements that include periodic financial reporting to the State, independent audits, and approval of certain subcontractors.

Amends part C (Medicare+Choice) of SSA title XVIII (Medicare) to establish solvency-related requirements for application to Medicare+Choice organizations.

Directs the Secretary of Health and Human Services to: (1) provide for the application of such requirements to organizations other than Medicare+Choice organizations that receive payment on a capitated basis for provision of Medicare services; and (2) report to Congress on protection of health care providers in the event of insolvency.

What's happening now March 7, 2000

Referred to the Subcommittee on Health.

 Committees of jurisdiction 4