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2007 SESSION
HB 2120 Small Employer Health Insurance Exchange Act; created.
Introduced by: Robert G. Marshall | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Small Employer Health Insurance Exchange. Creates the Small Employer Health Insurance Exchange as a nonprofit legal entity and charges it with providing a single, centralized market, analogous to a stock exchange, to facilitate the buying and selling of health insurance for employers with 100 or fewer employees. Employers may designate the exchange as their group health insurance plan for purposes of federal law and may allow employees to purchase health insurance coverage through the Exchange. The Exchange will offer an annual open season during which participants could select or switch coverage. After the first day of the plan year following the first regular open season conducted by the Exchange, no carrier may issue or renew a group health benefit plan for employers with 100 or fewer employees, other than through the Exchange.
FULL TEXT
HISTORY
- 01/08/07 House: Prefiled and ordered printed; offered 01/10/07 070155396
- 01/08/07 House: Referred to Committee on Commerce and Labor
- 01/19/07 House: Assigned C & L sub: Insurance (Hargrove)
- 02/01/07 House: Tabled in Commerce and Labor (0-Y 0-N)