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NC H156

Bill

Official Source

Status

Engrossed

5/1/2025

Primary Sponsor

Erin Pare

Click for details

Origin

House of Representatives

2025-2026 Session

AI Summary

  • Lowers the threshold for stop loss, catastrophic, and reinsurance coverage compliance requirements from employers with fewer than 12 eligible employees to employers with fewer than 5 eligible employees
  • Allows employers with 5-11 employees to access stop loss insurance without meeting the strict underwriting, rating, and other standards currently required for very small employers
  • Maintains existing restrictions on stop loss policies including the $20,000 minimum individual attachment point and aggregate attachment point requirements (indexed to CPI for Medical Services)
  • Effective October 1, 2025, applying to contracts issued, renewed, or amended on or after that date

Legislative Description

Increase Access for Small Employers/Insurance

Health Services

Last Action

Ref To Com On Rules and Operations of the Senate

5/1/2025

Committee Referrals

Rules and Operations of the Senate5/1/2025
Rules, Calendar, and Operations of the House4/29/2025
Health4/9/2025
Insurance2/21/2025

Full Bill Text

No bill text available