Vermont Employment Law Update – June 2016

Vermont

Vermont Health Benefit Exchange

On May 31, 2016, Vermont Governor Peter Shumlin signed legislation (S.B. 214) concerning large group health insurance and the Vermont Health Benefit Exchange. The law eliminates the authority for employers with more than 100 employees to purchase health insurance plans through the Vermont Health Benefit Exchange. Under the prior law, these large groups would have had the option to purchase Exchange plans for coverage beginning on January 1, 2018.

The law goes into effect on July 1, 2016.

Read VT S.B. 214