An Act relative to health purchasing cooperatives

This bill amends Massachusetts law to adjust financial limits for health purchasing cooperatives, which are groups that allow small businesses and organizations to combine their buying power to negotiate better health insurance rates. Specifically, it raises the maximum number of participating employers allowed in a cooperative from six to eight and increases the maximum annual premium contribution from $85,000 to $100,000. Additionally, the legislation removes a specific subsection that previously restricted certain types of entities from joining these cooperatives. These changes aim to expand the capacity and flexibility of these groups to help smaller entities access more affordable health coverage options.