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ID H0116

Bill

Status

Passed

3/13/2025

Primary Sponsor

Business Committee

Click for details

Origin

House of Representatives

2025 Regular Session

AI Summary

  • Repeals the Idaho Small Employer Carrier Reinsurance Program established in Section 41-4711, which allowed small employer carriers to cede risk to a reinsurance pool

  • Eliminates definitions and provisions related to risk-assuming carriers, reinsuring carriers, and the small employer reinsurance program plan of operation from Idaho Code

  • Removes requirements for conversion plans, periodic market evaluations, and specific small employer health benefit plan standards (basic, standard, and catastrophic plans)

  • Retains the Idaho Individual High Risk Reinsurance Pool while removing its administrative connection to the repealed small employer reinsurance program

  • Declares an emergency effective date of July 1, 2025

Legislative Description

Amends and repeals existing law to remove the Idaho Small Employer Carrier Reinsurance Program.

INSURANCE

Last Action

Reported Signed by Governor on March 12, 2025 Session Law Chapter 49 Effective: 07/01/2025

3/13/2025

Committee Referrals

Commerce and Human Resources2/18/2025
Business2/5/2025

Full Bill Text

No bill text available