Amends Tennessee law to allow certain multiple employer welfare arrangements to operate as foreign entities within the state.
This bill amends Tennessee Code Annotated, Title 56, Chapter 26, to modify regulations for multiple employer welfare arrangements. It allows a foreign multiple employer welfare arrangement, comprised only of banks and their employees, to operate as a domestic arrangement if it meets specific criteria. These include being licensed in another state, not conditioning membership on health status, and making health insurance coverage available to all members regardless of health status.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.