SB 1399 | Allows health insurance carriers to discontinue small employer health benefit plans under certain conditions |
Sponsor: | Kennedy | |||
LR Number: | 4861S.01I | Fiscal Note: | 4861-01 | |
Committee: | Small Business, Insurance & Industrial Relations | |||
Last Action: | 03/31/04 - Hearing Conducted S Small Business, Insurance and | Journal page: | ||
Industrial Relations Committee | ||||
Title: | ||||
Effective Date: | August 28, 2004 | |||
SB 1399 - This act allows small employer health benefit
plans to be nonrenewed if the small employer carrier elects to
discontinue a health benefit plan as part of a plan of
administrative simplification provided that the small employer
carrier, through itself or an affiliated carrier, guarantees
issue of another health benefit plan in a similar class of
business to those eligible employees and dependents covered
under the discontinued plan. Further the small employer
carrier, or its affiliated carrier providing such guaranteed
issue, must treat the impacted eligible employees and
dependents as if they had continuous coverage from the date
that they first became covered under the discontinued plan.
STEPHEN WITTE