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FL S1034
Bill
Status
Failed
6/16/2025
Primary Sponsor
Jonathan Martin
Click for details
AI Summary
- Renames the "Florida Health Choices Program" as the "Florida Employee Health Choices Program" and its administering corporation as "Florida Employee Health Choices, Inc.," effective July 1, 2025
- Refocuses the program around individual coverage health reimbursement arrangements (ICHRAs), which allow employers of any size to provide health care dollars directly to employees to purchase their own individual health plans in a centralized marketplace
- Narrows eligible vendors and products to insurers selling individual health insurance policies and health maintenance organization contracts, removing prepaid limited health service organizations, discount plan organizations, prepaid clinics, provider service networks, limited benefit plans, flexible spending accounts, and other non-insurance health products
- Eliminates several prior program features including risk pooling and post-enrollment risk adjustment mechanisms, certain exemptions from the Florida Insurance Code for non-insurance products, and multi-year product pricing provisions
- Requires the corporation to submit an annual report to the Governor, Senate President, and House Speaker beginning in the 2026-2027 fiscal year, and retains the cap on vendor surcharges at no more than 2.5 percent of product price
Legislative Description
Florida Employee Health Choices Program
Last Action
Died in Health Policy
6/16/2025
Full Bill Text
No bill text available