FL S0968

Removes requirements that small employer health insurance carriers offer standard, basic, and high-deductible health benefit plans, and eliminates semiannual reporting requirements to the Office of Insurance Regulation.

Creates new section 627.66997 authorizing small employers to use stop-loss insurance policies for self-insured health benefit plans, with specific aggregate attachment point requirements based on number of employees and expected claims.

Maintains guaranteed-issue coverage requirements for small employers with 2-50 employees and preexisting condition limitations, while simplifying rating and enrollment provisions.

Makes conforming changes to sections governing individual reinsurance pools, group health insurance identification cards, guaranteed renewability, and health maintenance organization conversion contracts by removing references to standard and basic health benefit plans.

Effective July 1, 2015.