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Subcommittee clears bill letting Tennessee banks join pooled employer health plan
Summary
House Bill 329 would allow Tennessee banks to participate in a multi-employer welfare arrangement (AMEWA) established in North Carolina to seek lower-cost health insurance; the subcommittee approved the measure and sent it to the full Insurance Committee.
Chairman Martin presented House Bill 329 on Wednesday, Feb. 12, telling the Insurance Subcommittee the measure would permit Tennessee banks to join an existing multi-employer welfare arrangement (referred to in testimony as AMEWA) that has operated in North Carolina for about 25 years.
Chairman Martin said the multi-employer arrangement allows employees in the same…
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