Bill > SB1213

This bill appropriates $250,000 from the state general fund to the Department of Insurance and Financial Institutions to conduct an actuarial study on the feasibility of establishing a reinsurance program. The study will consider insurance premiums and risks associated with individuals insured through a health care exchange or marketplace under the Affordable Care Act, and review states with approved risk mitigation waivers and their corresponding funding obligations. The Department must also include stakeholder input on best practices, premium offsets, and risk factors to consider when determining the feasibility of a Section 1332 waiver, which allows states to implement alternative approaches to the Affordable Care Act's requirements. The appropriation is exempt from the usual lapsing of appropriations.

Budget and Finance, Government Affairs

https://apps.azleg.gov/BillStatus/BillOverview/73432