Texas Senate Bill 120 – A Gift to ICHRA’s?

If passed, this could make ICHRA’s even more attractive to employers who are tired and fed up with all the hassles of providing group health insurance for their employees along with the ever present threat of punishing government sanctions.¬†

The Texas legislature is considering a bill to establish a risk pool for health plan members insured through individual health insurance plans in the state. The intended effect is to reduce individual health insurance premiums.

Individual health insurance premiums can be more competitive than group insurance premiums for many Texans (depending on who pays for what).

If passed, this could make ICHRA’s even more attractive to employers who are tired and fed up with all the hassles of providing group health insurance for their employees along with the ever present threat of punishing government sanctions.

TEXAS RISK POOL 

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