1 | Representative Berfield offered the following: |
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3 | Amendment (with title amendment) |
4 | Remove lines 320-327 and insert: |
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6 | 23. For Tier One or Tier Two employers which employ no |
7 | nonexempt employees or which report payroll which is less than |
8 | the minimum wage hourly rate for one full-time employee for 1 |
9 | year at 40 hours per week, the plan shall establish actuarially |
10 | sound premiums, provided, however, that the premiums may not |
11 | exceed $2,500. These premiums shall be in addition to the fee |
12 | specified in subparagraph 26. When the plan establishes |
13 | actuarially sound rates for all employers in Tier One and Tier |
14 | Two, the premiums for employers referred to in this paragraph |
15 | are no longer subject to the $2,500 cap. |
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17 | ================ T I T L E A M E N D M E N T ============= |
18 | Remove lines 18-19 and insert: |
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20 | subplans; providing criteria for minimum premium policies; |
21 | providing requirements for premiums under |