Health benefits; plans established by associations of employers, certain agricultural organizations. (HB1661)

Introduced By

Del. Chris Head (R-Roanoke)

Progress

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

Description

Association health benefit plans established by associations of employers; health benefit plans for members of certain agricultural organizations. Directs the State Corporation Commission to adopt regulations that allow for the creation of association health plans that are consistent with certain regulations of the U.S. Department of Labor. The proposed regulation broadens the criteria under Title I of the federal Employee Retirement Income Security Act (ERISA) to allow employers to form an association solely for the purpose of sponsoring a group health plan for its employer members. Currently, employer groups are prohibited from forming associations for the sole purpose of providing group health coverage. The measure also provides that a health benefit plan sponsored by a nonprofit agricultural organization for its members is not insurance and is not subject to the jurisdiction of the Commissioner of Insurance if the health benefit plan meets certain requirements, including that it provides dues-paying members in all localities with membership opportunities and that it be administered by a third-party administrator. The measure includes provisions that exempt certain transactions regarding multiple employer welfare arrangements from insurer licensing requirements. Read the Bill »

Status

12/03/2018: Awaiting a Vote in the Commerce and Labor Committee

History

DateAction
12/03/2018Prefiled and ordered printed; offered 01/09/19 19100141D
12/03/2018Committee
12/03/2018Referred to Committee on Commerce and Labor

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