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Legislation adds health plan options for Kansas assiciations

In legislation recently passed by the state Legislature, “bona fide” employer-membership associations as of July 1 may choose to offer a new, partially self-funded health plan previously restricted in Kansas.
The new legislation offers Kansas associations with employer memberships a substantial health care advantage. Because the self-funded plans fall under federal ERISA laws and not the Kansas Insurance Department, plans avoid State insurance reserve, contribution and other requirements applicable to traditional insurance companies.
“As a partially self-funded pool under the new legislation, Kansas associations and their employer members can enjoy insurance coverage at rates substantially below those of regulated insurance ...

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