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HMO Solvency Act of 2001

Introduced: January 3, 2001 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 7, 2001
Referred to the Subcommittee on Health.
Jan 3, 2001
Referred to the Committee on Energy and 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.
Jan 3, 2001
Introduced in House
 Plain-English summary Congressional Research Service
HMO Solvency Act of 2001 - 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 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.

What's happening now February 7, 2001

Referred to the Subcommittee on Health.

 Committees of jurisdiction 4