ID S1219

Amends Section 41-4102 to clarify the definition of "surplus" in self-funded plans as the excess of assets minus liabilities, including claims liability.

Amends Section 41-4104 to allow stop-loss insurance requirements to be waived pursuant to Section 41-4110(3).

Amends Section 41-4110 to authorize the director to annually waive aggregate stop-loss coverage requirements for qualified joint public agency self-funded plans that meet specified criteria.

Qualifying plans must be governed by a board of trustees, operate as a public agency, maintain a minimum of 1,000 covered persons, establish required claims reserves, and maintain surplus of at least three months of contributions or the amount certified by an actuary, whichever is greater.