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2011 SESSION

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HB 1538 Health insurance; multiple employer welfare arrangements.

Introduced by: Donald W. Merricks | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED HOUSE: (all summaries)

Health insurance; multiple employer welfare arrangements.  Exempts multiple employer welfare arrangements (MEWAs) that are comprised only of banks together with their plan-sponsoring organization, and their respective employees, from the provisions of the Commonwealth's insurance laws. Currently, such an exemption applies to MEWAs comprised of banks and their employees. The term "plan-sponsoring organization" is defined as an association that sponsors a MEWA comprised only of banks and that, among other things, has been in existence for at least five years and was not formed for the purpose of obtaining insurance.


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