AN ACT REQUIRING THE HEALTH CARE CABINET TO REPORT ON THE FEASIBILITY OF REGULATING STOP LOSS INSURANCE POLICIES USED IN CONJUNCTION WITH HEALTH PLANS AS FULLY INSURED HEALTH PLANS.

SB 836 requires the state Health Care Cabinet to study whether stop loss insurance policies - used to protect health plans from large claims - should be regulated as fully insured health plans under state law. The cabinet must hold public hearings and submit a report to the legislature on the feasibility of such regulation. This bill does not change current law but aims to determine if stop loss insurance aligns with federal Affordable Care Act protections for patients. The report will inform future legislative decisions about regulating these policies to better protect policyholders.