Signed into LawFiled Apr 3, 2025
Sponsor: Bill Herbkersman (R)
Latest Action
Effective date 05/19/26
Jun 5, 2026
Summary
The law adds Chapter 105 to the state insurance code, requiring anyone who runs a wellness reimbursement plan to obtain a license, post bonds, keep records and follow federal ERISA rules. It sets fees, penalties and reporting requirements, while exempting insurance brokers from licensing but holding them to truth‑in‑advertising standards. The goal is to protect employees and employers from deceptive or non‑compliant wellness reimbursement schemes.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Topics
Track this bill
Get an email when H 4305 moves: committee action, floor votes, amendments and hearings. Free, no card.
Track H 4305 freeOr ask your AI assistant about H 4305 directly:
Add to Claude, ChatGPT or Cursor