Health Marketplace for All Act of 2024
The source supplies the latest action, but no lifecycle stage.
Latest action (12 Nov 2024): Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
What this bill does
The "Health Marketplace for All Act of 2024" proposes to amend the Employee Retirement Income Security Act of 1974 (ERISA). It would allow certain "health marketplace pools" to be treated as employers for the purpose of offering group health plans or health insurance coverage. These pools would need to be organized in good faith to form a risk pool and could not discriminate based on health status. The coverage offered could include prescription or non-prescription drugs as the sole benefit.
This bill would affect entities that form these health marketplace pools and individuals or employers who could potentially enroll in the group health plans or insurance offered. The bill aims to facilitate the offering of group health plans or insurance coverage through these pools, potentially allowing for varied rates subject to certain protections. It also clarifies that participating in or facilitating such plans would not create a general employer relationship.
The bill, S. 5298, was introduced in the Senate on November 12, 2024, during the 118th Congress. It was read twice and referred to the Committee on Health, Education, Labor, and Pensions. The bill has not received a vote.
Plain-English summary generated by Bill100 AI from the official record. Always verify against the source below.
Timeline
12 Nov 2024
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Common questions
- What does S. 5298 do?
- The "Health Marketplace for All Act of 2024" proposes to amend the Employee Retirement Income Security Act of 1974 (ERISA). It would allow certain "health marketplace pools" to be treated as employers for the purpose of offering group health plans or health insurance coverage. These pools would need to be organized in good faith to form a risk pool and could not discriminate based on health status. The coverage offered could include prescription or non-prescription drugs as the sole benefit. This bill would affect entities that form these health marketplace pools and individuals or employers who could potentially enroll in the group health plans or insurance offered. The bill aims to facilitate the offering of group health plans or insurance coverage through these pools, potentially allowing for varied rates subject to certain protections. It also clarifies that participating in or facilitating such plans would not create a general employer relationship. The bill, S. 5298, was introduced in the Senate on November 12, 2024, during the 118th Congress. It was read twice and referred to the Committee on Health, Education, Labor, and Pensions. The bill has not received a vote.
- Has S. 5298 become law?
- The source does not supply a confirmed lifecycle stage for S. 5298. Check the latest action and official source below.
- Who sponsored S. 5298?
- S. 5298 was sponsored by Sen. Paul, Rand [R-KY] (R-KY), with 0 cosponsors.
- What's the latest action on S. 5298?
- Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (12 Nov 2024).
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