ID S1150

Eliminates new issuance of high risk pool plans after April 1, 2017, affecting individual basic, standard, catastrophic A, catastrophic B, and HSA compatible health benefit plans.

Revises reinsurance parameters by establishing a minimum initial claim level of $25,000 and minimum coinsurance percentage of 20% for carrier retention, with the board authorized to adjust these annually.

Permits existing high risk pool plan holders to continue coverage indefinitely as long as they meet eligibility conditions, including those with qualifying high risk medical conditions.

Repeals Section 41-5509 (standards for agents) and Section 41-5511 (design of products), consolidating pool administration and product development provisions.

Restructures the pool board to oversee both the Idaho individual high risk reinsurance pool and the small employer health reinsurance program under unified governance.