CA SB 1431 Update (July 24) Stop-Loss Coverage

Just wanted to post a further update to SB 1431 which deals with small group (2-50 employees) in California using "stop-loss" or self-funded health plans.

Last week the bill passed Assembly with some revisions to stop-loss numbers. I mentioned in a previous blog ( CA SB 1431 Update (May 21) that some changes were being considered for this Bill.

The current version of CA SB 1431 has the following changes:

*Per employee deductible reduced from the original $95,000 to $60,000 (per employee and per dependent)

*Attachment Point for group stop-loss set at 135% of expected claims for the group

I will advise if and when SB 1431 is passed or not passed into law.



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