(a) The purpose and intent of this chapter are to enhance the availability of health insurance coverage to small employers regardless of their health status or claims experience; to prevent abusive rating practices; to prevent segmentation of the health insurance market based upon health risk; to spread health insurance risk more broadly; to require disclosure of rating practices to purchasers; to establish rules regarding renewability of coverage; to limit the use of preexisting condition exclusions; to provide for development of “economy,” “standard,” and “basic” health benefit plans to be offered to all small employers; and to improve the overall fairness and efficiency of the small group health insurance market.
(b) This chapter is not intended to provide a comprehensive solution to the problem of affordability of health care or health insurance.