Summary of the Introduced Bill

HB 934 -- Missouri Consolidated Health Care Plan

Sponsor:  Bland

This bill allows young adults, between the ages of 18 and 25, to
obtain medical coverage through the Missouri Consolidated Health
Care Plan (MCHCP).  The plan's board is authorized to administer
the coverage provided but is required to maintain in a separate
account all premiums and other income the plan receives from that
coverage.  Every health services corporation and health
maintenance organization will pay a quarterly tax on the premiums
received.  The Director of the Department of Revenue will notify
the State Treasurer of the amount of taxes received that is to be
transferred from general revenue to the Young Adult Benefit Trust
Fund.  Payments to the trust fund will be used to offset premium
costs for young adults in the plan.  Any insurance agent licensed
to sell accident and health insurance is authorized to sell the
plan to young adults.

Copyright (c) Missouri House of Representatives

Missouri House of Representatives
93rd General Assembly, 1st Regular Session
Last Updated August 25, 2005 at 1:20 pm