Bill > S687

This bill aims to amend Chapter 176J of the General Laws to allow health insurance carriers to offer annual rewards or other incentives to small businesses based on increased efficiencies in the administration of their health plans or the use of transparency tools to control healthcare costs. The bill also allows carriers to offer small groups rewards or incentives designed to promote job growth and job retention, with the amount of the reward determined by the carrier based on the size of the small group. These rewards must be submitted to the commissioner for informational purposes prior to payment and the requirements to qualify for the reward must be applied equally to all small group purchasers.

Business and Industry

https://malegislature.gov/Bills/193/S687