Amendment SSA3-AB365

AB365-SSA3,52 Section 52 . 71.28 (5g) (d) 2. of the statutes is amended to read:

AB365-SSA3,20,14 71.28 (5g) (d) 2. No credit may be claimed under this subsection par. (b) 1. for taxable years beginning after December 31, 2014. Credits under this subsection for taxable years that begin before January 1, 2015, may be carried forward to taxable years that begin after December 31, 2014.

AB365-SSA3,53 Section 53 . 71.47 (5g) (a) of the statutes is amended to read:

AB365-SSA3,20,18 71.47 (5g) (a) Definitions. In this subsection, “claimant" means an insurer, as defined in s. 149.10 (5), 2011 stats., or s. 656.01 (17), who files a claim under this subsection.

AB365-SSA3,54 Section 54 . 71.47 (5g) (b) of the statutes is renumbered 71.47 (5g) (b) 1. and amended to read:

AB365-SSA3,21,2 71.47 (5g) (b) 1. Subject to the limitations provided under this subsection, for taxable years beginning after December 31, 2005, and before January 1, 2015, a claimant may claim as a credit against the taxes imposed under s. 71.43 an amount that is equal to the amount of assessment under s. 149.13, 2011 stats., that the claimant paid in the claimant's taxable year, multiplied by the percentage determined under par. (c) 1. a.

AB365-SSA3,55 Section 55 . 71.47 (5g) (b) 2. of the statutes is created to read:

AB365-SSA3,21,8 71.47 (5g) (b) 2. Subject to the limitations provided under this subsection, for taxable years beginning after December 31, 2018, a claimant may claim as a credit against the taxes imposed under s. 71.43 an amount that is equal to the amount of the assessment under s. 656.15 that the claimant paid in the claimant's taxable year, multiplied by the percentage determined under par. (c) 1. b.

AB365-SSA3,56 Section 56 . 71.47 (5g) (c) 1. of the statutes is renumbered 71.47 (5g) (c) 1. a. and amended to read:

AB365-SSA3,21,23 71.47 (5g) (c) 1. a. The department of revenue, in consultation with the office of the commissioner of insurance, shall determine the percentage under par. (b) 1. for each claimant for each taxable year. The percentage shall be equal to $5,000,000 divided by the aggregate assessment under s. 149.13, 2011 stats., except that for taxable years beginning after December 31, 2013, and before January 1, 2015, the percentage shall be equal to $1,250,000 divided by the aggregate assessment under s. 149.13, 2011 stats., and shall not exceed 100 percent. The office of the commissioner of insurance shall provide to each claimant that participates in the cost of administering the plan the aggregate assessment at the time that it notifies the claimant of the claimant's assessment. The aggregate amount of the credit under this subsection par. (b) 1. and ss. 71.07 (5g) (b) 1., 71.28 (5g) (b) 1., and 76.655 (2) (a) for all claimants participating in the cost of administering the plan under ch. 149, 2011 stats., shall not exceed $5,000,000 in each fiscal year.

AB365-SSA3,57 Section 57 . 71.47 (5g) (c) 1. b. of the statutes is created to read:

AB365-SSA3,22,10 71.47 (5g) (c) 1. b. The department of revenue, in consultation with the office of the commissioner of insurance, shall determine the percentage under par. (b) 2. for each claimant for each taxable year. The percentage shall be equal to $1,250,000 divided by the aggregate assessment under s. 656.15 and shall not exceed 100 percent. The office of the commissioner of insurance shall provide to each claimant that participates in the cost of administering the plan the aggregate assessment at the time that it notifies the claimant of the claimant's assessment. The aggregate amount of the credit under par. (b) 2. and ss. 71.07 (5g) (b) 2., 71.28 (5g) (b) 2., and 76.655 (2) (b) for all claimants participating in the cost of administering the plan under ch. 656, shall not exceed $5,000,000 in each fiscal year.

AB365-SSA3,58 Section 58 . 71.47 (5g) (c) 3. of the statutes is amended to read:

AB365-SSA3,22,16 71.47 (5g) (c) 3. The amount of any credits that a claimant is awarded under this subsection par. (b) 1. for taxable years beginning after December 31, 2005, and before January 1, 2008, may first be claimed against the tax imposed under this subchapter for taxable years beginning after December 31, 2007, and in the manner determined by the department of revenue.

AB365-SSA3,59 Section 59 . 71.47 (5g) (d) 2. of the statutes is amended to read:

AB365-SSA3,22,21 71.47 (5g) (d) 2. No credit may be claimed under this subsection par. (b) 1. for taxable years beginning after December 31, 2014. Credits under this subsection for taxable years that begin before January 1, 2015, may be carried forward to taxable years that begin after December 31, 2014.

AB365-SSA3,60 Section 60 . 76.655 (1) of the statutes is amended to read:

AB365-SSA3,22,24 76.655 (1) Definitions. In this section, “claimant" means an insurer, as defined in s. 149.10 (5), 2011 stats., or in s. 656.01 (17), who files a claim under this section.

AB365-SSA3,61 Section 61. 76.655 (2) of the statutes is renumbered 76.655 (2) (a) and amended to read:

AB365-SSA3,23,8 76.655 (2) (a) Filing claims. Subject to the limitations provided under this section, for taxable years beginning after December 31, 2005, and before January 1, 2015, a claimant may claim as a credit against the fees imposed under ss. 76.60, 76.63, 76.65, 76.66 or 76.67 an amount that is equal to the amount of assessment under s. 149.13, 2011 stats., that the claimant paid in the claimant's taxable year, multiplied by the percentage determined under sub. (3) (a) 1.

AB365-SSA3,62 Section 62 . 76.655 (2) (b) of the statutes is created to read:

AB365-SSA3,23,14 76.655 (2) (b) Subject to the limitations provided under this section, for taxable years beginning after December 31, 2018, a claimant may claim as a credit against the fees imposed under ss. 76.60, 76.63, 76.65, 76.66 or 76.67 an amount that is equal to the amount of assessment under s. 656.15 that the claimant paid in the claimant's taxable year, multiplied by the percentage determined under sub. (3) (a) 2.

AB365-SSA3,63 Section 63 . 76.655 (3) (a) of the statutes is renumbered 76.655 (3) (a) 1. and amended to read:

AB365-SSA3,24,4 76.655 (3) (a) 1. The department of revenue, in consultation with the office of the commissioner of insurance, shall determine the percentage under sub. (2) (a) for each claimant for each taxable year. The percentage shall be equal to $5,000,000 divided by the aggregate assessment under s. 149.13, 2011 stats., except that for taxable years beginning after December 31, 2013, and before January 1, 2015, the percentage shall be equal to $1,250,000 divided by the aggregate assessment under s. 149.13, 2011 stats., and shall not exceed 100 percent. The office of the commissioner of insurance shall provide to each claimant that participates in the cost of administering the plan the aggregate assessment at the time that it notifies the claimant of the claimant's assessment. The aggregate amount of the credit under this subsection sub. (2) (a) and ss. 71.07 (5g) (b) 1., 71.28 (5g) (b) 1., and 71.47 (5g) (b) 1. for all claimants participating in the cost of administering the plan under ch. 149, 2011 stats., shall not exceed $5,000,000 in each fiscal year.

AB365-SSA3,64 Section 64 . 76.655 (3) (a) 2. of the statutes is created to read:

AB365-SSA3,24,15 76.655 (3) (a) 2. The department of revenue, in consultation with the office of the commissioner of insurance, shall determine the percentage under sub. (2) (b) for each claimant for each taxable year. The percentage shall be equal to $1,250,000 divided by the aggregate assessment under s. 656.15 and shall not exceed 100 percent. The office of the commissioner of insurance shall provide to each claimant that participates in the cost of administering the plan the aggregate assessment at the time that it notifies the claimant of the claimant's assessment. The aggregate amount of the credit under sub. (2) (b) and ss. 71.07 (5g) (b) 2., 71.28 (5g) (b) 2., and 71.47 (5g) (b) 2. for all claimants participating in the cost of administering the plan under ch. 656 shall not exceed $5,000,000 in each fiscal year.

AB365-SSA3,65 Section 65 . 76.655 (3) (b) of the statutes is amended to read:

AB365-SSA3,24,21 76.655 (3) (b) The amount of any credits that a claimant is awarded under this section sub. (2) (a) for taxable years beginning after December 31, 2005, and before January 1, 2008, may first be claimed against the fees imposed under ss. 76.60, 76.63, 76.65, or 76.67 for taxable years beginning after December 31, 2007, and in the manner determined by the department of revenue.

AB365-SSA3,66 Section 66 . 76.655 (5) of the statutes is amended to read:

AB365-SSA3,25,2 76.655 (5) Sunset. No credit may be claimed under this section sub. (2) (a) for taxable years beginning after December 31, 2014. Credits under this section for taxable years that begin before January 1, 2015, may be carried forward to taxable years that begin after December 31, 2014.

AB365-SSA3,67 Section 67. 77.54 (9a) (a) of the statutes is amended to read:

AB365-SSA3,25,7 77.54 (9a) (a) This state or any agency thereof, the University of Wisconsin Hospitals and Clinics Authority, the Health Insurance Risk-Sharing Plan Authority, the Wisconsin Aerospace Authority, the Wisconsin Economic Development Corporation, and the Fox River Navigational System Authority.

AB365-SSA3,68 Section 68. 101.055 (2) (a) of the statutes is amended to read:

AB365-SSA3,25,13 101.055 (2) (a) “Agency" means an office, department, independent agency, authority, institution, association, society, or other body in state government created or authorized to be created by the constitution or any law, and includes the legislature and the courts, but excludes the Health Insurance Risk-Sharing Plan Authority.

AB365-SSA3,69 Section 69. 177.075 (3) of the statutes is repealed.

AB365-SSA3,70 Section 70. 230.03 (3) of the statutes is amended to read:

AB365-SSA3,25,25 230.03 (3) “Agency" means any board, commission, committee, council, or department in state government or a unit thereof created by the constitution or statutes if such board, commission, committee, council, department, unit, or the head thereof, is authorized to appoint subordinate staff by the constitution or statute, except the Board of Regents of the University of Wisconsin System, a legislative or judicial board, commission, committee, council, department, or unit thereof or an authority created under subch. II of ch. 114 or subch. III of ch. 656 or under ch. 231, 232, 233, 234, 237, 238, or 279. “Agency" does not mean any local unit of government or body within one or more local units of government that is created by law or by action of one or more local units of government.

AB365-SSA3,71 Section 71. 230.80 (4) of the statutes is amended to read:

AB365-SSA3,26,8 230.80 (4) “Governmental unit" means any association, authority, board, commission, department, independent agency, institution, office, society, or other body in state government created or authorized to be created by the constitution or any law, including the legislature, the office of the governor, and the courts, excluding the Health Insurance Risk-Sharing Plan Authority. “Governmental unit" does not mean any political subdivision of the state or body within one or more political subdivisions that is created by law or by action of one or more political subdivisions.

AB365-SSA3,72 Section 72. 230.90 (1) (c) of the statutes is amended to read:

AB365-SSA3,26,17 230.90 (1) (c) “Governmental unit" means any association, authority, board, commission, department, independent agency, institution, office, society or other body in state government created or authorized to be created by the constitution or any law, including the legislature, the office of the governor and the courts. “Governmental unit" does not mean the University of Wisconsin Hospitals and Clinics Authority, the Health Insurance Risk-Sharing Plan Authority, or any political subdivision of the state or body within one or more political subdivisions which is created by law or by action of one or more political subdivisions.

AB365-SSA3,73 Section 73 . 601.41 (1) of the statutes is amended to read:

AB365-SSA3,26,22 601.41 (1) Duties. The commissioner shall administer and enforce chs. 600 to 655 and ss. 59.52 (11) (c), 66.0137 (4) and (4m), 100.203, and 120.13 (2) (b) to (g), and 656.15 and shall act as promptly as possible under the circumstances on all matters placed before the commissioner.

AB365-SSA3,74 Section 74 . 601.415 (12) of the statutes is amended to read:

AB365-SSA3,27,3 601.415 (12) Health Insurance Risk-Sharing Plan. The commissioner shall perform the duties specified to be performed by the commissioner in s. 149.13, 2011 stats., and s. 656.15 and under 2013 Wisconsin Act 20, section 9122 (1L) (b) 8.

AB365-SSA3,75 Section 75 . 601.64 (1) of the statutes is amended to read:

AB365-SSA3,27,11 601.64 (1) Injunctions and restraining orders. The commissioner may commence an action in circuit court in the name of the state to restrain by temporary or permanent injunction or by temporary restraining order any violation of chs. 600 to 655 or s. 149.13, 2011 stats., or s. 656.15, any rule promulgated under chs. 600 to 655, or any order issued under s. 601.41 (4). The commissioner need not show irreparable harm or lack of an adequate remedy at law in an action commenced under this subsection.

AB365-SSA3,76 Section 76 . 601.64 (3) (a) of the statutes is amended to read:

AB365-SSA3,27,16 601.64 (3) (a) Restitutionary forfeiture. Whoever violates an effective order issued under s. 601.41 (4), any insurance statute or rule, or s. 149.13, 2011 stats., or s. 656.15 shall forfeit to the state twice the amount of any profit gained from the violation, in addition to any other forfeiture or penalty imposed.

AB365-SSA3,77 Section 77 . 601.64 (3) (c) of the statutes is amended to read:

AB365-SSA3,27,25 601.64 (3) (c) Forfeiture for violation of statute or rule. Whoever violates an insurance statute or rule or s. 149.13, 2011 stats., or s. 656.15 intentionally aids a person in violating an insurance statute or rule or s. 149.13, 2011 stats., or s. 656.15 or knowingly permits a person over whom he or she has authority to violate an insurance statute or rule or s. 149.13, 2011 stats., or s. 656.15 shall forfeit to the state not more than $1,000 for each violation. If the statute or rule imposes a duty to make a report to the commissioner, each week of delay in complying with the duty is a new violation.

AB365-SSA3,78 Section 78. 601.64 (4) of the statutes is amended to read:

AB365-SSA3,28,7 601.64 (4) Criminal penalty. Whoever intentionally violates or intentionally permits any person over whom he or she has authority to violate or intentionally aids any person in violating any insurance statute or rule of this state, s. 149.13, 2011 stats., or s. 656.15 or any effective order issued under s. 601.41 (4) is guilty of a Class I felony, unless a specific penalty is provided elsewhere in the statutes. Intent has the meaning expressed under s. 939.23.

AB365-SSA3,79 Section 79. 613.03 (5) of the statutes is created to read:

AB365-SSA3,28,11 613.03 (5) Health Insurance Risk-Sharing Plan. Service insurance corporations organized or operating under this chapter are subject to the requirements that apply to insurers and insurance under ch. 656.

AB365-SSA3,80 Section 80. 631.20 (1) (c) 5m. of the statutes is created to read:

AB365-SSA3,28,13 631.20 (1) (c) 5m. A form filed under ch. 656.

AB365-SSA3,81 Section 81. 631.20 (2) (g) of the statutes is created to read:

AB365-SSA3,28,16 631.20 (2) (g) In the case of a policy form under ch. 656, that any of the following applies:

AB365-SSA3,28,18 1. The benefit design is not comparable to a typical comprehensive individual health insurance policy offered in the private sector market in this state.

AB365-SSA3,28,21 2. The benefit levels are not generally reflective of and commensurate with comprehensive health insurance coverage offered in the private individual market in this state.

AB365-SSA3,28,23 3. The copayments, deductibles, and coinsurance are not actuarially equivalent to comprehensive individual plans and would create undue financial hardship.

AB365-SSA3,28,25 4. It is inconsistent with the purpose of providing health care coverage to those unable to obtain coverage in the private market.

AB365-SSA3,82 Section 82. 631.36 (7) (c) of the statutes is created to read:

AB365-SSA3,29,4 631.36 (7) (c) Notice of cancellation or nonrenewal required under sub. (2) (b) or (4) is not effective unless the notice contains the notice required under s. 632.784, if applicable.

AB365-SSA3,83 Section 83. 632.7495 (4) (c) of the statutes is amended to read:

AB365-SSA3,29,13 632.7495 (4) (c) The coverage term aggregated with all consecutive periods of the insurer's coverage of the insured by individual health benefit plan coverage not required to be renewed under this subsection does not exceed 18 months. For purposes of this paragraph, coverage periods are consecutive if there are no more than 63 days between the coverage periods. This paragraph does not apply if provisions of the federal Patient Protection and Affordable Care Act, P.L. 111-148, under 42 USC 300gg to 300gg-4 are no longer enforceable or no longer preempt state law relating to individual health insurance policies.

AB365-SSA3,84 Section 84. 632.784 of the statutes is created to read:

AB365-SSA3,29,21 632.784 Notice of Health Insurance Risk-Sharing Plan. (1) If an insurer issues one or more of the following or takes any other action based wholly or partially on medical underwriting considerations which is likely to render any person eligible under s. 656.12 for coverage under ch. 656, the insurer shall notify all persons affected of the existence of the mandatory health insurance risk-sharing plan under ch. 656, as well as the eligibility requirements and method of applying for coverage under the plan:

AB365-SSA3,29,22 (a) A notice of rejection or cancellation of coverage.

AB365-SSA3,30,2 (b) A notice of reduction or limitation of coverage, including restrictive riders, if the effect of the reduction or limitation is to substantially reduce coverage compared to the coverage available to a person considered a standard risk for the type of coverage provided by the plan.

AB365-SSA3,30,5 (c) A notice of increase in premium exceeding the premium then in effect for the insured person by 50 percent or more, unless the increase applies to substantially all of the insurer's health insurance policies then in effect.

AB365-SSA3,30,8 (d) A notice of premium for a policy not yet in effect which exceeds the premium applicable to a person considered a standard risk by 50 percent or more for the types of coverage provided by the plan.

AB365-SSA3,30,10 (2) Any notice issued under sub. (1) shall also state the reasons for the rejection, termination, cancellation, or imposition of underwriting restrictions.

AB365-SSA3,85 Section 85. 646.01 (1) (a) 2. k. of the statutes is amended to read:

AB365-SSA3,30,12 646.01 (1) (a) 2. k. Risk-sharing plans under ch. chs. 619 and 656.

AB365-SSA3,86 Section 86 . Chapter 656 of the statutes is created to read:

AB365-SSA3,30,15 Chapter 656 Health insurance risk-sharing plans

AB365-SSA3,30,17 SUBCHAPTER I general provisions

AB365-SSA3,30,18 656.01 Definitions. In this chapter:

AB365-SSA3,30,19 (1) “Authority” means the Health Insurance Risk-Sharing Plan Authority.

AB365-SSA3,30,20 (2) “Board” means the board of directors of the authority.

AB365-SSA3,30,21 (3) “Church plan” has the meaning given in 29 USC 1002 (33).

AB365-SSA3,30,22 (4) “Commissioner” means the commissioner of insurance.

AB365-SSA3,30,23 (5) “Creditable coverage” has the meaning given in s. 632.745 (4).

AB365-SSA3,31,3 (6) “Eligible person” means a person who is certified as eligible under s. 656.12 (1), whether or not the person is legally responsible for the payment of medical expenses incurred on the person's behalf.

AB365-SSA3,31,4 (7) “Federal continuation provision” has the meaning given in s. 632.745 (8).

AB365-SSA3,31,7 (8) “Federal governmental plan” means a benefit program established or maintained for its employees by the government of the United States or by any agency or instrumentality of the government of the United States.

AB365-SSA3,31,9 (9) “Fund” means the Health Insurance Risk-Sharing Plan fund under s. 656.10 (2).