Bill > SB504

This bill amends Title 40 (Insurance) of the Pennsylvania Consolidated Statutes to provide for association health plans. The key provisions include defining terms like "association," "employer," and "insurer," setting requirements for association policies, including that they must be issued by a licensed insurer and the association must have been actively in existence for at least two years and formed for purposes other than just obtaining insurance. The bill also sets requirements for large group market plans, such as being guaranteed issue and renewable and complying with the Patient Protection and Affordable Care Act. The bill also includes requirements for the health insurance issuer, such as treating all enrolled employees as a single risk pool, and requirements for the association's governing board. The bill will take effect 60 days after enactment.