S 687 Massachusetts Senate · 193rd Legislature (2023-2024)

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