House committee substitute makes the following changes to 1st edition.
Adds a new section, amending GS 58-50-180(c), to increase the number of successive terms that a member on the N.C. Health Insurance Risk Pool Board of Directors may serve from two to three. Makes a technical change.
Amends GS 55-50-190(b) (Risk Pool risk rates) to provide that the Pool rates will be 135% to 175% (125% to 175% in previous version) of rates established as applicable for individual standard rates and will be adjusted annually.
Makes act effective when it becomes law (effective October 1, 2011, in previous version).