Rhode Island House Bill H5985

Rhode Island 2023 Regular Session

• Introduced: 3/1/23
• Refer: 3/1/23

Caption

Rhode Island Health Benefit Exchange

Impact

This bill seeks to mitigate the problems small business owners have encountered since changes to the Affordable Care Act in 2016, which forced many into the individual insurance market. By allowing these groups to purchase insurance in the small group market, the bill aims to stabilize the health coverage landscape for small businesses and self-employed individuals. This is viewed as crucial for supporting the economic base of the state, particularly as small businesses often represent a significant portion of the economy.

Summary

House Bill 5985 relates to the Rhode Island Health Benefit Exchange, specifically amending certain definitions and provisions that impact small business owners and self-employed individuals. The bill redefines 'small employer' to include businesses with up to 100 employees and addresses the challenges small employers face in securing health insurance in light of recent federal legislation. The aim is to enhance access to more appropriate insurance options for these entities under the state's health exchange program.

Contention

The discussions surrounding the bill highlight a tension between state-level initiatives and federal healthcare policies. Proponents argue that the bill will reduce economic harm and improve the health insurance landscape for small businesses, thus fostering economic growth. However, opponents may raise concerns about the implications of pursuing waivers from federal regulations, which could lead to complications in compliance and the need for ongoing negotiations with federal agencies regarding how health care is managed at the state level.