An Act relative to small business health insurance incentives
This bill allows insurance carriers to offer financial rewards to small businesses in Massachusetts for participating in group health plans. The incentives are designed to encourage job growth and retention by compensating carriers for the lower administrative costs associated with smaller groups. Carriers must apply these rewards consistently to all eligible small businesses and report them to the state commissioner before paying them out.
Bill status
passed
3 of 4 stages cleared
Introduction
Feb 2023
Committee Review
Feb 2023
House Passage
Feb 2023
Governor
Introduced Feb 16, 2023
Last action Feb 12, 2024
Floor votes
How they voted
This bill passed the House. No roll call record of that vote is available.
Full legislative history
Actions timeline
Total actions
4
Key actions
1
Committee
1
Feb 16, 2023
Lower · Passed
House concurred
lower
Feb 16, 2023
Committee
Referred to the committee on Financial Services
upper
1 primary · 1 co-sponsor
Sponsors
Ask Maddy
·
AI policy assistant
Ask Maddy about S 687
Scope: MA
Hi! I can help you understand S 687. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline