Senate File 354 - Reprinted SENATE FILE BY COMMITTEE ON COMMERCE (SUCCESSOR TO SF 299) Passed Senate, Date Passed House, Date Vote: Ayes Nays Vote: Ayes Nays Approved A BILL FOR 1 An Act establishing pilot projects requiring the division of 2 insurance to allow flexible small employer group health 3 insurance coverage and requiring the insurance division to 4 review insurance rating issues affecting small employers. 5 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 6 TLSB 2914SV 81 7 av/gg/14 PAG LIN 1 1 Section 1. SMALL EMPLOYER GROUP HEALTH INSURANCE PILOT 1 2 PROJECTS == REPORTS. The division of insurance of the 1 3 department of commerce shall study and implement one or more 1 4 small employer group health insurance pilot projects for the 1 5 purpose of providing small employers greater flexibility in 1 6 the types of group health insurance coverage available for 1 7 their employees. For purposes of this section, "small 1 8 employer" means the same as defined in section 513B.2. Target 1 9 groups for the pilot projects shall be small employers who 1 10 currently do not offer health insurance to their employees. 1 11 For the purposes of implementing the pilot projects, the 1 12 division of insurance may waive current statutory and 1 13 regulatory requirements applicable to small group health 1 14 insurance coverage pursuant to chapter 513B, and benefit 1 15 mandates under chapters 509, 514, 514B, and 514C. The 1 16 division may consider rate incentives for lifestyle changes 1 17 and disease management programs, or other related options as 1 18 determined by the division. In addition, the division shall 1 19 review the unique health insurance rating issues that affect 1 20 small employers to see if current rating requirements 1 21 adequately address this group. The projects shall be 1 22 implemented commencing during the fiscal year beginning July 1 23 1, 2005, and shall end by June 30, 2008. The division shall 1 24 submit an annual evaluation of the results of the pilot 1 25 projects and of its review of rating issues to the general 1 26 assembly on or before December 15, 2005, and on or before 1 27 December 15 of each year thereafter while the pilot projects 1 28 are being implemented and shall submit a final report 1 29 summarizing the results of the pilot projects to the general 1 30 assembly on or before December 15, 2008. 1 31 SF 354 1 32 av:nh/cc/26