Amends the definition of "small group" for health insurance to fifty employees or fewer; repeals impact study requirement.

This bill amends the definition of "small group" for health insurance policies and contracts to include groups with fifty employees or fewer. It also repeals provisions requiring the superintendent to conduct an impact study on the prohibition of stop loss, catastrophic, and reinsurance coverage sales to small groups. The changes apply to policies and contracts issued or renewed after specific dates, with certain exceptions for renewals and existing coverage.

Amends the definition of "small group" for health insurance to fifty employees or fewer; repeals impact study requirement.

This bill amends the definition of "small group" for health insurance policies and contracts to include groups with fifty employees or fewer. It also repeals provisions requiring the superintendent to conduct an impact study on the prohibition of stop loss, catastrophic, and reinsurance coverage sales to small groups. The changes apply to policies and contracts issued or renewed after specific dates, with certain exceptions for renewals and existing coverage.