Under current law, employers with 50 or fewer employees who self-insure can purchase stop-loss insurance to cover the cost of employee health benefits exceeding $20,000 per employee per year. However, insurers are prohibited from issuing stop-loss policies with an attachment point below $20,000. The bill lowers this minimum to $10,000 per employee per year. The bill also makes a corresponding change in the minimum retention amount for larger employers, from $15,000 to $10,000.(Note: This summary applies to this bill as introduced.)
No votes to display
House Committee on Health & Insurance Postpone Indefinitely
|Bill Text Versions||Format|
|Fiscal Note FN1 (02/24/2020)|
|Fiscal Note FN2 (04/28/2020)|
Data on Open States is updated periodically throughout the day from the official website of the Colorado General Assembly.
If you notice any inconsistencies with these official sources, feel free to file an issue.