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Small Employer Health Benefits Program Act of 2003

Introduced: July 24, 2003 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 13, 2003
Referred to the Subcommittee on Employer-Employee Relations.
Jul 24, 2003
Referred to the House Committee on Education and the Workforce.
Jul 24, 2003
Introduced in House
 Plain-English summary Congressional Research Service

Small Employer Health Benefits Program Act of 2003 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) to direct the Secretary of Labor to establish the Small Employer Health Benefits Program under which: (1) qualifying small employers are provided access to qualifying health insurance coverage for their employees; and (2) such employees may elect alternative forms of coverage offered by various health insurance issuers.

Limits such program to small employers that elect to: (1) offer health insurance coverage to each individual employed for three months or longer; and (2) pay at least half the total premium for qualifying health insurance coverage for such individual. Provides for coverage of part-time employees.

Requires the Secretary to enter into contracts with health insurance issuers for the offering of such insurance coverage.

Reduces by five percent the total premium otherwise payable by such employer if an average of fewer than 25 employees were employed during the preceding calendar year.

Requires the Secretary to provide premium subsidies (calculated according to specified formulae) to: (1) employers for coverage of employees whose individual income is at or below 200 percent of the poverty line; as well as (2) such employees.

What's happening now August 13, 2003

Referred to the Subcommittee on Employer-Employee Relations.

 Committees of jurisdiction 2