SF0069
Amendments to the Wyoming Small Employer Health Reinsurance Program
In one sentence
This law updates the Wyoming Small Employer Health Reinsurance Program (WySEHRP) by changing how its board is selected, reducing the board size, and allowing the program to become inactive if there is no board.
What it does
- Changes how board members are nominated by participating carriers and approved by the Insurance Commissioner.
- Reduces the minimum number of board members from five to three.
- Reduces the maximum number of board members from nine to seven.
- Allows the board to go dormant if there is no board.
- Allows the Insurance Commissioner to appoint a board if one is not selected.
- Repeals one specific section of the previous law (W.S. 26-19-307(f)).
Who it affects
- Small employer health insurance carriers in Wyoming.
- The board of directors for the Wyoming Small Employer Health Reinsurance Program.
- The Wyoming Insurance Commissioner.
Limits and unknowns
- The bill does not specify the exact financial triggers or enrollment levels that cause the program to go dormant, only that it happens when there is no board.
- The bill does not detail the specific steps the Insurance Commissioner must take to reactivate the board beyond the authority to appoint members.
Plain language
Terms to know
- WySEHRP
- The Wyoming Small Employer Health Reinsurance Program, a nonprofit entity created to allow small group insurance carriers to transfer (cede) risk to the program.
- Cede
- To transfer or pass on insurance risk or coverage to another entity, in this case the WySEHRP program.
- Dormant
- Inactive or not currently operating, but still existing legally and able to be restarted.
Official record
Sources
Read the official summary
Bill Summary Bill No.: SF0069 Effective : 7/1/2017 LSO No.: 17LSO-0112 Enrolled Act No.: SEA No. 0028 Chapter No.: [Chapter Number_RO] Prime Sponsor: Joint Labor, Health & Social Services Interim Committee Catch Title: Small employer health reinsurance program amendments. Subject: WySE H RP dormancy in light of reduced enrollment. Summary/Major Elements: This bill amends statutes related to the Small Employer Health Reinsurance Program (WySE H RP /Program ) as a result of reduced participation levels. WySEHRP allows small group insurance carriers to cede either individuals or whole group s to the Program and coverage i s then provided pursuant to requirements of the Program . The bill amends how WySEHRP's board is nominated, reduces the permissible size of the board, and removes limitations on board membership. The bill allows the board to go dormant and amends provisions allowing the Wyoming Insurance Commissioner to reactivate the board. The bill amends obsolete language. Comments: This bill amends the Wyoming Small Employer Health Reinsurance Program to allow it to go dormant and then be reactivated by the Insurance Commissioner. The above summary is not an official publication of the Wyoming Legislature and is not an official statement of legislative intent. While the Legislative Service Office endeavored to provide accurate information in this summary, it should not be relied upon as a comprehensive abstract of the bill .
Public statements
Why lawmakers voted
Last checked Aug 11, 6:23 PM
Wyoming roll calls
Recorded votes
4 roll calls
H 3rd Reading:Passed 60-0-0-0-02017-02-21 · House60 yes 0 no
- Yes
- 60
- No
- 0
- Absent
- 0
- Excused
- 0
- Conflict
- 0
Yes 60
H10 - Labor:Recommend Do Pass 9-0-0-0-02017-02-10 · House9 yes 0 no
S 3rd Reading:Passed 29-0-1-0-02017-01-18 · Senate29 yes 0 no
- Yes
- 29
- No
- 0
- Absent
- 0
- Excused
- 1
- Conflict
- 0
Yes 29
Excused 1
S10 - Labor:Recommend Do Pass 5-0-0-0-02017-01-16 · Senate5 yes 0 no
- Yes
- 5
- No
- 0
- Absent
- 0
- Excused
- 0
- Conflict
- 0
Official activity
Bill history
- Governor Signed SEA No. 0028Governor
- Assigned Chapter NumberLSO
- H Speaker Signed SEA No. 0028House
- S President Signed SEA No. 0028Senate
- Assigned Number SEA No. 0028LSO
- H 3rd Reading:Passed 60-0-0-0-0House
- H 2nd Reading:PassedHouse
- H COW:PassedHouse
- H Placed on General FileHouse
- H10 - Labor:Recommend Do Pass 9-0-0-0-0House
- H Introduced and Referred to H10 - LaborHouse
- H Received for IntroductionHouse
- S 3rd Reading:Passed 29-0-1-0-0Senate
- S 2nd Reading:PassedSenate
- S COW:PassedSenate
- S Placed on General FileSenate
- S10 - Labor:Recommend Do Pass 5-0-0-0-0Senate
- S Introduced and Referred to S10 - LaborSenate
- S Received for IntroductionSenate
- Bill Number AssignedLSO