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Business Committee introduces bill to repeal small-employer reinsurance program
Summary
The Idaho House Business Committee voted to introduce RS 31818, a measure from Representative Rod Furnace to repeal a 1993 small-employer reinsurance program the sponsor said is no longer needed after the Affordable Care Act and has been inactive since 2016.
The Idaho House Business Committee introduced RS 31818, a bill to repeal the state's small-employer reinsurance program, sponsor Representative Rod Furnace told the panel.
The measure would remove multiple code sections that formerly created a pooled fund for insurers to pay large claims for small employers. "This is a repeal of an unnecessary program, helps reduce cost in the industry. There's no fiscal impact on…
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