Bill > SB110

This bill clarifies the applicability and interaction of Louisiana state insurance laws with the Employee Retirement Income Security Act of 1974 (ERISA), a federal law that governs employee benefit plans. Specifically, the bill adds a new section (R.S. 22:470) that explicitly states that state insurance provisions apply to employee benefit plans only to the extent they are not preempted by ERISA. The bill removes language in multiple sections of Louisiana law that previously referenced ERISA preemption, effectively streamlining the legal text. If any part of the state insurance law is determined to be preempted by ERISA, either through a court decision or by the commissioner's determination, the remainder of the law will remain valid and applicable. The bill also makes minor grammatical and stylistic changes to various definitions of "health insurance issuer" across different sections of Louisiana insurance law, such as changing "shall" to "includes" and removing specific ERISA preemption references. These changes aim to provide more clarity and consistency in how state insurance regulations interact with federal employee benefit plan laws.

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https://www.legis.la.gov/legis/BillInfo.aspx?s=25rs&b=SB110&sbi=y