FL S1600

Employees of Florida corporations with fewer than 25 employees incorporated in the state are eligible to participate in the state group health insurance plan if the corporation contributes at least the same amount toward premiums as the state contributes for its employees.

Any Florida resident may enroll in the state group health insurance plan by paying the full premium cost of coverage available to state employees in their locality.

Participating corporations must maintain a minimum 3-year enrollment period, provide 1 year written notice before termination, wait at least 2 years before reapplying, and reimburse the state for 100 percent of costs including administrative expenses.

Corporations participating in the plan receive a corporate income tax credit equal to 50 percent of their total annual employee health insurance premium contributions, with a combined statewide cap of $250 million per calendar year distributed on a first-application-received basis.

An open enrollment period of at least 45 days must be established by January 1, 2012, for eligible corporate employees and state residents to obtain coverage with the same options and conditions as active state employees.