Bill > HB550

This bill amends Title 40 (Insurance) of the Pennsylvania Consolidated Statutes to provide for association health plans. Key provisions include: 1. Defining terms like "association," "employee," "employer," "ERISA," and "health insurance policy." 2. Establishing requirements for association policies, such as the association being actively in existence for at least two years, formed for purposes other than just obtaining insurance, and making coverage available to all members regardless of health status. 3. Treating large group market association plans as subject to large group market regulations, including requirements for guaranteed issue and renewal, compliance with the Affordable Care Act, and providing a minimum level of coverage. 4. Requiring health insurance issuers to treat all enrolled employees as a single risk pool, set premiums based on collective group experience and average age, and prohibit gender-based premium variation or discrimination based on health status. 5. Establishing governance requirements for the association's health plan, including that at least 75% of the governing board must be comprised of employees of employer members. 6. Exempting associations that offer or provide health care services through a health insurance policy that is not fully insured from the provisions of this chapter.