FL S0940

Revises eligibility requirements for "bona fide groups" to qualify as multiple-employer welfare arrangements (MEWAs) by replacing the federal definition (29 C.F.R. part 2510.3-5) with a new state-defined set of criteria

Requires bona fide groups to have at least one substantial business purpose beyond offering health coverage, such as promoting common business interests, and must be viable entities without sponsoring an employee benefit plan

Mandates that employer members of bona fide groups have their principal place of business within a single state or metropolitan area (even if the metro area crosses state lines)

Restricts health coverage through bona fide group plans to current employees, former employees who were eligible while employed, and their spouses and dependent children

Prohibits bona fide groups from being owned or controlled by health insurance issuers, and requires compliance with nondiscrimination provisions under Florida's small employer health insurance law (s. 627.6699)