Bill > HB2596

This bill modifies provisions related to multiple employer self-insured health plans, which are arrangements not fully insured and offered by employee leasing companies or established for two or more employers and two or more self-employed individuals with employees, to provide health, dental, or short-term disability benefits. Key changes include expanding the definition of who can participate in these plans to include self-employed individuals with employees, requiring trustees of these plans to be bonded for at least $150,000, and updating reporting requirements for the plan's financial condition to align with section 375.041 and requiring a Risk-Based Capital (RBC) report as defined in section 375.1252. Additionally, the bill revises the surplus account requirement for these plans, now mandating either $600,000 or an amount equal to two times the authorized control level risk-based capital, as defined in section 375.1250, whichever is greater.

Government Affairs, Health and Social Services

https://house.mo.gov/Bill.aspx?bill=HB2596&year=2026&code=R