CaliforniaHealth care coverage: investments: disclosure.
What it does
Existing federal law, the Patient Protection and Affordable Care Act (PPACA), requires each state to establish an American Health Benefit Exchange to facilitate the purchase of qualified health benefit plans by qualified individuals and qualified small employers. Existing state law creates the California Health Benefit Exchange, also known as Covered California, to facilitate the enrollment of qualified individuals and qualified small employers in qualified health plans offered by participating carriers as required under PPACA.
More detail
This bill would require a nonprofit health care service plan participating in the Exchange to annually disclose its material investment holdings to the Exchange on or before July 1 of each year, unless otherwise specified by regulation, beginning on July 1, 2027. The bill would require the Exchange to prominently display, and make accessible to the public, those disclosures on its internet website. If a plan fails to comply with the disclosure requirements, the bill would require the Department of Managed Health Care to assess an administrative penalty against the plan, as specified. The bill would require the Exchange to prominently post the plan's noncompliance status on its internet website until compliance is achieved.
Where do you stand?
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Where it stands
- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Aug 19Ordered to inactive file at the request of Senator Reyes.Latest
- Aug 17Read second time. Ordered to third reading.Minor
- Aug 13Read second time and amended. Ordered returned to second reading.Major
- Vote recorded Do pass as amended. Result: pass.Upper
- Aug 13From committee: Amend, and do pass as amended. (Ayes 5. Noes 2.) (August 13).Major
- Aug 3In committee: Referred to APPR. suspense file.Minor
- Vote recorded Placed on suspense file. Result: pass.Upper
- Jun 29Re-referred to Com. on APPR.Minor
- Jun 29Withdrawn from committee.Major
- Jun 26In committee: Hearing postponed by committee.
- Jun 25From committee: Do pass and re-refer to Com. on JUD. (Ayes 6. Noes 2.) (June 24). Re-referred to Com. on JUD.Minor
- Jun 24
- Vote recorded Do pass, but first be re-referred to the Committee on [Judiciary]. Result: pass.Upper
- Jun 15From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on HEALTH.Major
- Jun 10Referred to Coms. on HEALTH and JUD.Minor
- May 28In Senate. Read first time. To Com. on RLS. for assignment.Minor
- May 27Read third time. Passed. Ordered to the Senate. (Ayes 56. Noes 20. Page 5427.)Passed Assembly
- Vote recorded AB 1929 Ortega Assembly Third Reading. Result: pass.Lower
- May 14Read second time. Ordered to third reading.Minor
- May 13From committee: Do pass. (Ayes 11. Noes 4.) (May 13).Minor
- Vote recorded Do pass. Result: pass.Lower
- Apr 20Re-referred to Com. on APPR.Minor
- Apr 16Read second time and amended.Major
- Apr 15From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 12. Noes 3.) (April 14).Major
- Apr 14
- Vote recorded Do pass as amended and be re-referred to the Committee on [Appropriations]. Result: pass.Lower
- Mar 26Re-referred to Com. on HEALTH. pursuant to Assembly Rule 96.Minor
- Mar 25Re-referred to Com. on L. & E.Minor
- Mar 24From committee chair, with author's amendments: Amend, and re-refer to Com. on L. & E. Read second time and amended.Major
- Mar 2Referred to Com. on L. & E.Minor
- Feb 14From printer. May be heard in committee March 16.
- Feb 13Read first time. To print.Introduced