SB 663 - Crowell, Jason
Removes statutory restriction that prohibits employer purchasing alliances from forming for the purpose of providing group health insurance
Bill Details
Sponsor
LR Number
3516S.01I
Title
SB 663
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2006
Current Status
Hearing Conducted S Pensions, Veterans' Affairs and General Laws Committee
Quick Links
Amendments
No amendments available
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