What is the current status of HR 2571?

HR 2571 is currently: In House.

Who sponsored HR 2571?

HR 2571 was sponsored by Robert Onder (R), Rep.

Self-Insurance Protection Act

IntroducedApril 1, 2025

In House9 months ago

Intro

House

Senate

Pres

Waiting for a House floor vote.

It has cleared committee and can be brought up at any time, though no date is set.

HealthHealth care costs and insuranceEmployee benefits and pensions

Why This Matters

The Self-Insurance Protection Act allows employers who self-fund health benefits to use stop-loss insurance without it being classified as health insurance. This helps employers manage unexpected health costs more effectively.

If you work for a company that self-funds health benefits, your employer may have better options to manage unexpected health costs.

Who this affects

employers · employees

What changes is this bill making?

1This bill changes the definition of health insurance to exclude certain stop-loss insurance.
2Stop-loss insurance helps employers manage financial risks from unexpected health claims.
3Employers can purchase this insurance to protect their funds when they self-insure health benefits.
4The bill ensures that both small and large employers can access stop-loss insurance.
5It also allows federal law to override state laws that limit this type of insurance.

Read full document

Last changed 3 months ago · checked hourly

Self-Insurance Protection Act

IntroducedApril 1, 2025

In House9 months ago

Intro

House

Senate

Pres

Waiting for a House floor vote.

It has cleared committee and can be brought up at any time, though no date is set.

HealthHealth care costs and insuranceEmployee benefits and pensions

Why This Matters

If you work for a company that self-funds health benefits, your employer may have better options to manage unexpected health costs.

Who this affects

employers · employees

What changes is this bill making?

1This bill changes the definition of health insurance to exclude certain stop-loss insurance.
2Stop-loss insurance helps employers manage financial risks from unexpected health claims.
3Employers can purchase this insurance to protect their funds when they self-insure health benefits.
4The bill ensures that both small and large employers can access stop-loss insurance.
5It also allows federal law to override state laws that limit this type of insurance.

Read full document

Last changed 3 months ago · checked hourly