AZ HB2639

Amends Arizona Revised Statutes section 20-2324 to add provisions clarifying the Department's authority to regulate solvency of insurers offering health benefits plans through bona fide associations.

Expands the definition of "small employer" to include sole proprietors and working owners when an insurer elects to issue coverage to small employer groups of one through a path 2 bona fide association.

Establishes that working owners must work at least 20 hours per week or 80 hours per month providing personal services to the business, or have income from the business that equals or exceeds their coverage cost.

Clarifies that accountable health plans are not required to comply with small group market requirements if they offer coverage only through path 1 bona fide associations.

Allows self-funded health benefits plans to be issued through bona fide associations if established and operating in compliance with the Employee Retirement Income Security Act of 1974.