May 1, 2003, Introduced by Senator GEORGE and referred to the Committee on Health Policy.
A bill to amend 1980 PA 350, entitled
"The nonprofit health care corporation reform act,"
(MCL 550.1101 to 550.1704) by adding section 314.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
1 Sec. 314. A health care corporation shall report to the
2 commissioner and to the senate and house of representatives
3 standing committees on health and insurance issues by April 1,
4 2004 and by April 1 biennially thereafter on all of the following
5 for the prior 2-year period:
6 (a) All board of directors, officer, corporate body,
7 committee, and advisory council expenses, including, but not
8 limited to, compensation and expenses for travel, lodging, food,
9 and beverages.
10 (b) All advertising expenditures.
11 (c) All contracts between the health care corporation and a
1 director or officer or between a health care corporation and any
2 other corporation, firm, or association of which 1 or more of the
3 health care corporation's directors or officers are directors or
4 officers or are otherwise interested and all information
5 necessary to satisfy section 306.