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Legislation has been proposed that would allow qualifying chambers of commerce and trade associations to act as one large employer and offer their members self-funded health insurance benefits that would be strictly regulated.
Representatives of about 50 organizations — including chambers of commerce, trade groups, nonprofit organizations and private businesses — presented testimony on Feb. 27 to the state legislature’s Insurance and Real Estate Committee in support of House Bill 5247.
Last year, a similar proposal failed to gather enough support within the Democratic party caucus. The bill received strong opposition from many patient advocacy groups, who warned that self-funded association health plans were likely to favor healthy people. Businesses where an employee gets sick or injured could see their rates hiked, the advocates said.
At the time, the CBIA, which supported the bill, warned of misinformation surrounding it.
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The Hartford Business Journal 2025 Charity Event Guide is the annual resource publication highlighting the top charity events in 2025.
Hartford Business Journal provides the top coverage of news, trends, data, politics and personalities of the area’s business community. Get the news and information you need from the award-winning writers at HBJ. Don’t miss out - subscribe today.
Delivering vital marketplace content and context to senior decision-makers throughout Connecticut ...
All Year Long!
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Legislation has been proposed that would allow qualifying chambers of commerce and trade associations to act as one large employer and offer their members self-funded health insurance benefits that would be strictly regulated.
Representatives of about 50 organizations — including chambers of commerce, trade groups, nonprofit organizations and private businesses — presented testimony on Feb. 27 to the state legislature’s Insurance and Real Estate Committee in support of House Bill 5247.
Last year, a similar proposal failed to gather enough support within the Democratic party caucus. The bill received strong opposition from many patient advocacy groups, who warned that self-funded association health plans were likely to favor healthy people. Businesses where an employee gets sick or injured could see their rates hiked, the advocates said.
At the time, the CBIA, which supported the bill, warned of misinformation surrounding it.