Stop-Loss Policies Extended to Small Employers

On Sept. 4, 2018, Gov. Carney signed HB 406 into law, which became effective on the date of signing. The new law permits stop-loss coverage to be purchased by small employers with more than five eligible employees, the majority of whom are employed within Delaware on at least 50 percent of working days in the preceding calendar quarter. The law previously prohibited insurers from selling stop-loss coverage to small employers with 15 or fewer employees.

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