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ME LD519
Bill
Status
2/7/2025
Primary Sponsor
Joshua Morris
Click for details
AI Summary
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Repeals 24-A MRSA §2792, which established a pooled market for individual and small group health plans in Maine
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Removes the requirement that individual and small group health plans must be offered through a pooled market structure
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Eliminates the Maine Guaranteed Access Reinsurance Association's obligation to operate a retrospective reinsurance program for individual and small group health plans during pooled market operation
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Retains the "clear choice design" requirements for health plans (standardized copayments, coinsurance, and deductibles) but removes references to pooled market plans
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Amends various rate filing and review provisions to remove pooled market references while maintaining existing regulatory oversight of small group health plan rates
Legislative Description
An Act to Remove the Requirement That Individual and Small Group Health Plans Be Offered Through a Pooled Market and to Eliminate the Provision of Law Establishing a Pooled Market for Those Plans
Insurance
Last Action
Voted: OTP-AM
3/12/2026