AN ACT exempting certain non-insurance healthcare benefits coverage from the jurisdiction of the commissioner of insurance. According to the Insurance Department, enactment of SB 32 would allow Farm Bureau to offer a health insurance plan that would be considered non-insurance healthcare benefits coverage and would be exempt from the Commissioner of Insurance’s jurisdiction. The Insurance Department indicates the bill may result in a decrease in premium taxes collected by the state if individuals switch from a fully-insured plan to a self-funded plan offered by Farm Bureau. The Insurance Department also indicates that enactment of SB 32 may result in a net increase in premium taxes collected by the state if enrollment in the health insurance plan includes mostly individuals who were previously uninsured.