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CT HB07117

Bill

Status

Introduced

2/27/2025

Primary Sponsor

Insurance and Real Estate Committee

Click for details

Origin

House of Representatives

2025 General Assembly

AI Summary

  • Public health fees paid by domestic health insurers and health care centers will be gradually shifted from the Insurance Fund to the General Fund over five years, starting July 1, 2025, with one-fifth transferred each fiscal year until fully deposited in the General Fund by July 1, 2029.

  • Payment for the Office of Health Strategy will similarly transfer from the Insurance Fund to the General Fund over a five-year period beginning July 1, 2025, in one-fifth increments annually.

  • Domestic health insurers and health care centers must report insured or enrolled lives to the Insurance Commissioner annually by September 1, excluding Medicare, Medicaid, workers' compensation, and Medicare Part C enrollees.

  • Late filing penalty of $100 per day applies for failure to timely submit the annual insured lives report.

  • Civil penalty of up to $15,000 may be imposed for non-good-faith discrepancies in reported insured or enrolled lives.

Legislative Description

An Act Concerning The Recommendations Of The Insurance Fund Working Group.

Last Action

Tabled for the Calendar, House

5/7/2025

Committee Referrals

Appropriations4/29/2025
Insurance and Real Estate2/27/2025

Full Bill Text

No bill text available