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Senate committee approves bill easing stop‑loss attachment requirements to expand small‑group self‑funding options

Insurance & Commerce - Senate · February 25, 2021
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Summary

Senate Bill 239 would permit insurers to offer lower‑cost small‑group products by allowing self‑funding with stop‑loss coverage and by loosening Arkansas' minimum stop‑loss attachment‑point requirements to align with neighboring states; the committee voted to advance the bill.

Senator Rapert introduced Senate Bill 239 to the Senate Insurance & Commerce Committee. He said the bill would allow insurers to offer a lower‑cost option to employers in the small‑group market by permitting insurers to self‑fund…

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