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
Crowell, Jason
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