Section 48 (Part 2): Employer Requirements for Section 125 Plans
Establishes the requirement that all employers with more than 10 employees must maintain a "Section 125" cafeteria plan to give employees access to pre-tax health insurance payments.
Establishes the requirement that all employers with more than 10 employees must maintain a "Section 125" cafeteria plan to give employees access to pre-tax health insurance payments.
Allows individuals to purchase coverage through the small group insurance market, and provides that the small group insurance law provisions apply to all small business and individual plans issued by an insurance carrier, by the Connector, or through an intermediary.
Specifies that the Connector will offer products to eligible individuals and small groups.
Outlines small business compliance requirements to participate in Connector health plans.
Allows individuals to purchase coverage through the small group insurance market starting July 1, 2007.