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CT HB05367

CT HB05367
An Act Allowing Sponsoring Associations To Create Multiple Employer Welfare Arrangements.


summary

Introduced
01/16/2025
In Committee
01/16/2025
Crossed Over
Passed
Dead
06/04/2025

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 proposes to amend title 38a of the general statutes to permit sponsoring associations to establish Multiple Employer Welfare Arrangements (MEWAs), which are collective health insurance purchasing groups that allow multiple small businesses or organizations to band together to obtain health coverage for their members. MEWAs can help smaller organizations access more affordable health insurance by spreading risk across a larger pool of participants. The bill's purpose is specifically to enable sponsoring associations to create these arrangements, which could potentially lower healthcare costs and increase insurance accessibility for their members by leveraging their collective purchasing power. By allowing these associations to form MEWAs, the legislation aims to provide more flexible and potentially more cost-effective health insurance options for smaller businesses or professional groups that might otherwise struggle to provide comprehensive health coverage to their members.

Committee Categories

Business and Industry

Sponsors (10)

Last Action

Referred to Joint Committee on Insurance and Real Estate (on 01/16/2025)

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