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MS HB110
Bill
Status
3/17/2015
Primary Sponsor
Jeffrey Smith
Click for details
AI Summary
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Removes the minimum employee requirement of 125 employees for political subdivisions and other entities to qualify as self-insurers for group insurance benefits.
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Allows governing boards of counties, municipalities, school districts, and junior colleges to elect self-insurance status for group life, health, accident, and hospitalization benefits.
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Permits political subdivisions to pool risks with other entities or contract with third-party administrators for self-insurance plans.
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Updates references to community/junior college districts throughout Section 25-15-101 governing group insurance for public employees and dependents.
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Takes effect July 1, 2015.
Legislative Description
Insurance; remove certain restrictions on political subdivisions to qualify as self-insurer.
Last Action
Approved by Governor
3/17/2015