Authorizing the commissioner of insurance to select and announce the version of certain instructions, calculations and documents in effect for the upcoming calendar year and cause such announcement to be published in the Kansas register, allowing certain life insurers to follow health financial reports and adopting certain provisions from the national association of insurance commissioners holding company system regulatory act relating to group capital calculations and liquidity stress testing.

Summary

The bill authorizes the Kansas insurance commissioner to select the version of NAIC instructions, calculations and related documents that will apply to insurers for the next calendar year and to publish that selection in the Kansas Register. It also permits certain life insurers to use health‑financial reporting formats and adopts NAIC holding‑company system provisions on group capital calculations and liquidity stress testing. The measure would change several insurance statutes and exempt some self‑funded health plans from state regulation.

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