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MO SB950
Bill
AI Summary
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Repeals and reenacts sections 103.003, 103.005, and 103.036 of Missouri Revised Statutes to include small employers in the state health care plan
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Defines "small employer" as an employer who employed an average of at least one but not more than fifty persons during the preceding calendar year and employs at least one person on the first day of the plan year, including sole proprietors and partners
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Establishes the Missouri Consolidated Health Care Plan as a body corporate to cover medical expenses for state officers, employees, retirees, their eligible dependents, and small employer health plans
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Requires the board of trustees to maintain a separate benefit trust fund account for small employer premiums, payments, and income, distinct from the main state employee benefit fund account
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Authorizes the plan to sue and be sued, transact business, contract, invest funds, and hold property necessary to carry out its purposes under sections 103.003 to 103.175
Legislative Description
Allows small employers to obtain medical coverage through the Missouri Consolidated Health Care Plan
Last Action
Second Read and Referred S Small Business, Insurance and Industry Committee
2/18/2010