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2006 House Bill 493: Fine large companies based in employee health insurance coverage
Introduced by Rep. Melvin Henley (R) on February 1, 2006 To create the Fair Share Health Care Fund within the Cabinet for Health and Family Services for the purpose of supporting the operations of the Medicaid program. The bill would provide that the term "employer" does not include a nonprofit entity or governmental agency, but that it includes only companies with 10,000 or more employees. The bill would require an employer that does not spend 10% of the total wages paid to employees in the state on health insurance costs to pay to the commissioner an amount equal to the difference between what the employer pays up to 10% of the total wages paid to its employees in the state. The bill would assess a $250 civil penalty for each day that the report is not made, and a $250,000 civil penalty for failure to make the required payment. The bill also would require the commissioner to verify each year the number of employers in Kentucky with 10,000 or more employees; require the commissioner to promulgate an administrative regulation to carry out the provisions of the bill.   Official Text and Analysis.
Referred to the House Banking and Insurance Committee on February 2, 2006
Substitute offered in the House on February 15, 2006 To provide that employers with 25,000 employees, rather than 10,000 employees, are subject to the provisions of the act.
Amendment offered by Rep. Bill Farmer (R) on February 16, 2006 To replace the entire bill with a requirement that the Legislative Research Commission conduct a study of the incidence of employed persons and their dependents participating in the state Medicaid program.
Amendment offered by Rep. Bill Farmer (R) on February 16, 2006 To change the title of the bill.