The California insurance commissioner and key legislators moved SB 1431 to inactive status and decided to revisit the legislation in an upcoming special session or in 2013. SB 1431 would have put partially and fully self-funded benefit plans virtually out of reach for the entire California two to 50 market. This retreat comes in response to stiff opposition from the Self Insurance Institute of America, California Health Underwriters (CAHU), and several other organizations and companies. The following is a message from the CAHU, “Our ‘One Voice’ rang loud and true against SB 1431 (De Leon). CAHU was successful in helping to save this valuable option for California’s small business community. By utilizing our new OneVoice Legislative Alert System, CAHU members and their clients were able to reach out to our legislators quickly and effectively.” For more information, visit www.CAHU.org.
Self Funded Legislation Is Sidelined
August 30, 2012 By
