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Bill > HB05277


CT HB05277

An Act Allowing Sponsoring Associations To Create Multiple Employer Welfare Arrangements.


summary

Introduced
01/15/2025
In Committee
01/15/2025
Crossed Over
Passed
Dead

Introduced Session

2025 General Assembly

Bill Summary

To allow sponsoring associations to create multiple employer welfare arrangements for purposes of providing health insurance coverage to such sponsoring association's members.

AI Summary

This bill aims to modify Connecticut's existing laws in title 38a to permit sponsoring associations to establish multiple employer welfare arrangements (MEWAs), which are group health insurance plans that allow multiple employers to join together to provide health coverage to their employees. A multiple employer welfare arrangement is a type of health benefit plan that enables small businesses or associations to pool their resources and potentially secure more affordable health insurance for their members. By allowing sponsoring associations to create these arrangements, the bill seeks to give smaller organizations and their employees more flexibility and potentially lower-cost options for obtaining health insurance coverage. The bill's primary goal is to expand healthcare access and potentially reduce insurance costs for members of sponsoring associations by enabling them to create collective health insurance plans that can leverage group purchasing power.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Referred to Joint Committee on Insurance and Real Estate (on 01/15/2025)

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