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Bill Detail: HB20-1199

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Title Lower Minimum For Employer Health Stop-loss Insurance
Status House Committee on Health & Insurance Postpone Indefinitely (02/26/2020)
Bill Subjects
  • Business & Economic Development
  • Health Care & Health Insurance
  • Insurance
  • Labor & Employment
House Sponsors P. Buck (R)
Senate Sponsors
House Committee Health and Insurance
Senate Committee
Date Introduced 01/30/2020

Under current law, employers with 50 or fewer employees who
self-insure can purchase stop-loss insurance to cover the cost of employee
health benefits exceeding $20,000 per employee per year. However,
insurers are prohibited from issuing stop-loss policies with an attachment
point below $20,000. The bill lowers this minimum to $10,000 per

employee per year. The bill also makes a corresponding change in the
minimum retention amount for larger employers, from $15,000 to

Committee Reports
with Amendments
Full Text
Full Text of Bill (pdf) (most recent)
Fiscal Notes Fiscal Notes (04/28/2020) (most recent)  
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