HB 942 Allows for the marketing and sale of multiple-employer self-insured health plans to the public

     Handler: Brown

Current Bill Summary

- Prepared by Senate Research -

HB 942 - This act specifies that multiple-employer self-insured health plans may be offered or advertised to the public by insurance producers or third-party administrators, provided the plan has a certificate of authority to transact business in the state issued by the Director of the Department of Insurance, Financial Institutions, and Professional Registration.

Health carriers acting as an administrator for a multiple-employer self-insured health plan shall permit any willing licensed broker to quote, sell, solicit, or market the plans, provided that the broker is appointed and in good standing with the health carrier and completes all required training.

These provisions are identical to provisions in the truly agreed to and finally passed HB 514 (2019), and the truly agreed to and finally passed SS/SCS/HCS/HB 399 (2019).


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