NC H138

Extends Board members' consecutive term limits from two to three successive terms, allowing longer service on the health insurance risk pool board.

Reduces the standard risk rate range for Pool coverage from 150-200% to 135-175% of individual standard rates, lowering costs for enrollees.

Expands premium subsidy sources to include both federal grant funds and the Pool's own funds (up to the amount of the most recent federal grant award), allowing subsidies for individuals up to 300% of federal poverty guidelines.

Adds new eligibility criterion allowing individuals with COBRA coverage exceeding Pool rates to enroll if they meet other Pool eligibility requirements under subdivisions (1) through (4).

Reduces preexisting condition exclusion period from 12 months to 6 months following the effective date of coverage.