STAND. COM. REP. NO.  654

 

Honolulu, Hawaii

                , 2007

 

RE:   H.B. No. 877

      H.D. 1

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fourth State Legislature

Regular Session of 2007

State of Hawaii

 

Sir:

 

     Your Committee on Health, to which was referred H.B. No. 877, H.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO HEALTH,"

 

begs leave to report as follows:

 

     The purpose of this bill is to require the Insurance Commissioner to hire a certified public accountant or accounting firm to conduct an audit of each mutual benefit society to determine the impact of the mutual benefit society's tax-exempt status in comparison to the benefit the mutual benefit society provides the community.

 

     The Department of Commerce and Consumer Affairs opposed this bill.  Hawaii Medical Service Association submitted comments.

 

     As affirmed by the record of votes of the members of your Committee on Health that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 877, H.D. 1, and recommends that it pass Second Reading and be referred to the Committee on Consumer Protection & Commerce.

 

 

Respectfully submitted on behalf of the members of the Committee on Health,

 

 

 

 

____________________________

JOSHUA B. GREEN, M.D., Chair