The bill amends Section 27-50-3 of the General Laws in Chapter 27-50, known as the "Small Employer Health Insurance Availability Act." It modifies the definition of "small employer" by increasing the threshold from a maximum of fifty (50) eligible employees to one hundred (100) eligible employees. This change is intended to expand the number of businesses that qualify for small employer health insurance options.

The bill also introduces a new section that includes definitions relevant to small employer health insurance, such as "actuarial certification," "adjusted community rating," "bona fide association," and "health benefit plan." These definitions aim to clarify the language used throughout the chapter.

The act is set to take effect upon passage.

Statutes affected:
5418: 27-50-3