Bill > S910

This bill allows Multiple Employer Welfare Arrangements (MEWAs) or Association Health Plans (AHPs) to operate in Massachusetts, with specific compliance requirements. An AHP is a type of health insurance plan where multiple small businesses or self-employed individuals band together to purchase health coverage, potentially reducing costs. The bill stipulates that these plans must fully comply with federal law and Department of Labor regulations, maintain actuarial soundness (meaning their financial calculations demonstrate they can meet their expected healthcare costs), and adhere to state laws regarding fraud prevention and consumer protection. By creating a legal framework for these plans, the bill aims to provide more flexible and potentially more affordable health insurance options for small businesses and self-employed individuals in Massachusetts, while also establishing clear regulatory guardrails to protect consumers and ensure the financial stability of such arrangements.

Health and Social Services

https://malegislature.gov/Bills/194/S910