FL H1491

Creates the Florida Health Fund as a revolving fund under the Florida Health Board to finance the Florida Health Plan, with operating, capital, and reserve accounts for medical services, prevention programs, training, research, and capital expenditures

Requires all health care claims to be submitted to and paid from the fund, with annual revenues sufficient to cover projected costs and reserves maintained for losses and claims

Mandates the CEO of the Florida Health Plan seek federal waivers and agreements to redirect current federal health care payments directly to the fund, with contributions reflecting medical inflation, state GDP, population demographics, and poverty levels

Establishes that retirees eligible for employer-employee health benefits remain eligible if payments are made to the fund, and collateral sources must reimburse the fund for covered services

Appropriates General Revenue funds for fiscal year 2026-2027 for startup costs, with the fund subject to termination review by July 1, 2030; effective July 1, 2026, contingent on passage of HB 1489