STATEMENT TO

 

SENATE COMMITTEE SUBSTITUTE FOR

SENATE, No. 2192

 

with Senate Floor Amendments

(Proposed By Senator ADLER)

 

ADOPTED: JUNE 19, 1997

 

 

      These amendments exempt a small employer carrier that has given notice during the period January 1, 1997 to June 30, 1997 to the Commissioner of Banking and Insurance of its intent to withdraw from the small employer health benefits market, from the prohibition to write new business in that market for five years after that withdrawal.