Bill Summary: SB 362

• Imposes a two-term limit on board members of the Connecticut Health Insurance Exchange, with each term lasting four years after the initial appointment period.

• Requires all appointed board members to have prior employment experience in the insurance industry as a condition of service.

• Prohibits board members and exchange employees from employment relationships with insurers, insurance brokers/producers, health care providers, and health care facilities while serving the exchange.

• Restricts board members from accepting employment with any health carrier offering plans through the exchange for one year after leaving the board.

• Establishes a one-year post-employment restriction for exchange employees from working with health carriers that offer qualified health benefit plans through the exchange.