SB 663 Removes statutory restriction that prohibits employer purchasing alliances from forming for the purpose of providing group health insurance
Sponsor: Crowell
LR Number: 3516S.01I Fiscal Note: 3516-01
Committee: Pensions, Veterans' Affairs and General Laws
Last Action: 1/31/2006 - Hearing Conducted S Pensions, Veterans' Affairs and General Laws Committee Journal Page:
Title: Calendar Position:
Effective Date: August 28, 2006

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Current Bill Summary


SB 663 - The act modifies Section 376.421, RSMo, by providing that a group health insurance policy may be delivered to an employer purchasing alliance. Current law provides that a group health insurance policy may not be issued to an association organized for the purposes of obtaining insurance. An employer purchasing alliance is defined as a nonprofit corporation run by a by a board of directors which is organized for the purposes of purchasing, coordinating, and administering health benefit plans on behalf of groups of employers and their employees.

STEPHEN WITTE