Mississippi 2018 Regular Session Status: In Committee 1 R cosponsors

SB 2010 — Government self-insurance programs; authorize Commissioner of Insurance to conduct examinations of.

Last action — Died In Committee

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2018 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Bill Text

What changed in the latest version

42 added · 48 removed

Plain-language change summary

The revised version of SB 2010 now emphasizes the requirement for self-insurance programs to provide audited financial statements and actuarial reports instead of just "books and records." This change means that these programs will be examined more thoroughly on their financial health every five years, allowing for the Commissioner of Insurance to review their practices more closely. Additionally, self-insured programs now have a right to respond to any findings within thirty days, which enhances transparency and accountability in the insurance process. These updates hold these programs to higher standards and ensure proper oversight of funds.

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SB2010 (As Introduced) - 2018 Regular Session MISSISSIPPI LEGISLATURE Regular Session To:
SB2010 (COMMITTEE SUBSTITUTE) - 2018 Regular Session MISSISSIPPI LEGISLATURE Regular Session To:
Senator(s) Kirby Senate Bill 2010 AN ACT TO AMEND SECTIONS 11-46-20, 19-7-7 AND 37-7-303, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE COMMISSIONER OF INSURANCE TO CONDUCT AN EXAMINATION OF CERTAIN SELF-INSURANCE PROGRAMS PROVIDING COVERAGE TO GOVERNMENTAL ENTITIES;
Senator(s) Kirby Senate Bill 2010 (COMMITTEE SUBSTITUTE) AN ACT TO AMEND SECTIONS 11-46-20, 19-7-7 AND 37-7-303, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE COMMISSIONER OF INSURANCE TO CONDUCT AN EXAMINATION OF CERTAIN SELF-INSURANCE PROGRAMS PROVIDING COVERAGE TO GOVERNMENTAL ENTITIES;
     (6)  The Commissioner of Insurance, or any examiner he may appoint, shall have the power to examine the affairs of any such self-insurance program.  The examination shall be conducted in accordance with the provisions of Section 83-5-201 et seq.  The Commissioner of Insurance, or any examiner he may appoint, shall have free access to all the books and records that relate to the self-insurance program.  The expenses of the examination shall be paid by the self-insurance program examined, upon statement furnished by the Commissioner of Insurance, and the examination shall be made at least once every five (5) years, but no more than once in any twelve-month period.  Upon receipt of the verified report from the examiner, the Commissioner of Insurance shall transmit the report to the self-insured program examined, together with a notice which shall afford the self-insured program examined a reasonable opportunity of not more than thirty (30) days to make a written submission or rebuttal with respect to any matters contained in the examination report.  A copy of the final Report of Examination shall be furnished to the Executive Director of the Tort Claims Board.
     (6)  The Commissioner of Insurance, or any examiner he may appoint, shall have the power to examine the affairs of any such self-insurance program.  The examination shall be conducted in accordance with the provisions of Section 83-5-201 et seq.  The Commissioner of Insurance, or any examiner he may appoint, shall have free access to all the audited financial statements and actuarial reports that relate to the self-insurance program.  The expenses of the examination shall be paid by the self-insurance program examined, upon statement furnished by the Commissioner of Insurance, and the examination shall be made at least once every five (5) years, but no more than once in any twelve-month period.  Upon receipt of the verified report from the examiner, the Commissioner of Insurance shall transmit the report to the self-insured program examined, together with a notice which shall afford the self-insured program examined a reasonable opportunity of not more than thirty (30) days to make a written submission or rebuttal with respect to any matters contained in the examination report.  A copy of the final Report of Examination shall be furnished to the Executive Director of the Tort Claims Board.
     The boards of supervisors of two (2) or more counties may pool their risks under this section and may provide for the purchase of one or more policies of property insurance, or the establishment of a self-insurance fund or self-insurance reserves, or any combination thereof.  The cost of participation shall be paid out of the general fund of the county.  The administration and service of any such self-insurance program shall be contracted to a third party and approved by the Commissioner of Insurance.  The Commissioner of Insurance, or any examiner he may appoint, shall have the power to examine the affairs of any such self-insurance program.  The examination shall be conducted in accordance with the provisions of Section 83-5-201 et seq.  The Commissioner of Insurance, or any examiner he may appoint, shall have free access to all the books and records that relate to the self-insurance program.  The expenses of the examination shall be paid by the self-insurance program examined, upon statement furnished by the Commissioner of Insurance, and the examination shall be made at least once every five (5) years, but no more than once in any twelve-month period.  Upon receipt of the verified report from the examiner, the Commissioner of Insurance shall transmit the report to the self-insured program examined, together with a notice which shall afford the self-insured program examined a reasonable opportunity of not more than thirty (30) days to make a written submission or rebuttal with respect to any matters contained in the examination report.
     The boards of supervisors of two (2) or more counties may pool their risks under this section and may provide for the purchase of one or more policies of property insurance, or the establishment of a self-insurance fund or self-insurance reserves, or any combination thereof.  The cost of participation shall be paid out of the general fund of the county.  The administration and service of any such self-insurance program shall be contracted to a third party and approved by the Commissioner of Insurance.  The Commissioner of Insurance, or any examiner he may appoint, shall have the power to examine the affairs of any such self-insurance program.  The examination shall be conducted in accordance with the provisions of Section 83-5-201 et seq.  The Commissioner of Insurance, or any examiner he may appoint, shall have free access to all the audited financial statements and actuarial reports that relate to the self-insurance program.  The expenses of the examination shall be paid by the self-insurance program examined, upon statement furnished by the Commissioner of Insurance, and the examination shall be made at least once every five (5) years, but no more than once in any twelve-month period.  Upon receipt of the verified report from the examiner, the Commissioner of Insurance shall transmit the report to the self-insured program examined, together with a notice which shall afford the self-insured program examined a reasonable opportunity of not more than thirty (30) days to make a written submission or rebuttal with respect to any matters contained in the examination report.
     (3)  The Commissioner of Insurance, or any examiner he may appoint, shall have the power to examine the affairs of any self-insurance program established under subsection (1) of this section.  The examination shall be conducted in accordance with the provisions of Section 83-5-201 et seq.  The Commissioner of Insurance, or any examiner he may appoint, shall have free access to all the books and records that relate to the self-insurance program.  The expenses of the examination shall be paid by the self-insurance program examined, upon statement furnished by the Commissioner of Insurance, and the examination shall be made at least once every five (5) years, but no more than once in any twelve-month period.  Upon receipt of the verified report from the examiner, the Commissioner of Insurance shall transmit the report to the self-insured program examined, together with a notice which shall afford the self-insured program examined a reasonable opportunity of not more than thirty (30) days to make a written submission or rebuttal with respect to any matters contained in the examination report.
     (3)  The Commissioner of Insurance, or any examiner he may appoint, shall have the power to examine the affairs of any self-insurance program established under subsection (1) of this section.  The examination shall be conducted in accordance with the provisions of Section 83-5-201 et seq.  The Commissioner of Insurance, or any examiner he may appoint, shall have free access to all the audited financial statements and actuarial reports that relate to the self-insurance program.  The expenses of the examination shall be paid by the self-insurance program examined, upon statement furnished by the Commissioner of Insurance, and the examination shall be made at least once every five (5) years, but no more than once in any twelve-month period.  Upon receipt of the verified report from the examiner, the Commissioner of Insurance shall transmit the report to the self-insured program examined, together with a notice which shall afford the self-insured program examined a reasonable opportunity of not more than thirty (30) days to make a written submission or rebuttal with respect to any matters contained in the examination report.
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Action History

  1. Died In Committee

  2. Recommitted to Committee

  3. Title Suff Do Pass Comm Sub

  4. Referred To Insurance

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 174 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (174)

174 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

healthcare health-insurance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors SB 2010?
SB 2010 is sponsored by Dean Kirby (Republican).
What is the current status of SB 2010?
This bill died with 2018 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 2010?
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