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Committee hears testimony-only briefing on bill to align state insurance code with ACA exemptions
Summary
Representative Harris introduced House Bill 4464, a technical cleanup bill to add state-law exemptions for certain health plans created under the Affordable Care Act; the committee took testimony and will revisit the bill for a vote at a later meeting.
Representative Harris, chair of the House Insurance Committee, introduced House Bill 4464 and described it as “a very, very basic cleanup bill” intended to incorporate federal exemptions into state insurance law. Harris said the bill would add state-code exemptions for retiree-only plans, non-grandfathered plans and fixed indemnity plans that had been exempted under the Affordable Care Act but…
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