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VT H0035
Bill
Status
Passed
2/20/2025
Primary Sponsor
Lori Houghton
Click for details
AI Summary
- Separates Vermont's individual and small group health insurance markets, requiring carriers to determine premiums for individual market plans separately from small group market plans
- Defines "small employer" as an entity with an average of not more than 100 employees on working days during the preceding calendar year
- Requires guaranteed issue separately for each market: carriers must accept all individuals and their dependents in the individual market, and all small employers, employees, and dependents in the small group market
- Removes outdated provisions referencing the January 1, 2016 transition date and simplifies language throughout the Vermont Health Benefit Exchange statutes
- Takes effect January 1, 2026; signed by the Governor on February 19, 2025
Legislative Description
An act relating to unmerging the individual and small group health insurance markets
Last Action
House message: Governor approved bill on February 19, 2025
2/21/2025
Committee Referrals
Finance2/4/2025
Health Care1/15/2025
Full Bill Text
No bill text available