Small Employer Health Insurance Exchange Act; created. (HB2120)

Introduced By

Del. Bob Marshall (R-Manassas)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

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. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/08/2007Committee
01/08/2007Prefiled and ordered printed; offered 01/10/07 070155396
01/08/2007Referred to Committee on Commerce and Labor
01/19/2007Assigned C & L sub: Insurance (Hargrove)
01/28/2007Impact statement from SCC (HB2120)

Comments

Jack Baker, Jr. writes:

I am TOTALLY against this bill. It is just like the bill that we passed in Texas a few years back. That cooperative was a failure before it hit the door and a lot of us got burnt by it. As a small business owner I hope you vote against it.