Bill > HR742

This bill, the Flexibility Through Lower Expenses Health Care Act (FLEX Act), has several key provisions: 1. It defines "short-term limited duration insurance" as health insurance coverage with a contract expiration date less than 12 months after the original effective date, and applies this definition to contracts starting on or after January 1, 2022. 2. It amends the Employee Retirement Income Security Act (ERISA) to establish criteria for groups or associations of employers to be considered "employers" for the purpose of sponsoring a group health plan, including requirements related to the group's organizational structure, commonality of interest among members, and nondiscrimination in eligibility and premiums. 3. It allows "working owners" (self-employed individuals without common law employees) to qualify as both employers and employees for the purposes of the group health plan requirements, as long as they meet certain criteria. 4. It provides different timelines for when the new group health plan rules will apply, depending on the plan's insurance status and whether it was in existence prior to June 21, 2018. 5. It clarifies that participating in or facilitating a group health plan under these new rules does not establish an employer or joint employer relationship under federal or state law.

Business and Industry, Health and Social Services

https://www.congress.gov/bill/117th-congress/house-bill/742/all-info