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Bill > HB2234
PA HB2234
PA HB2234In preliminary provisions relating to health insurance markets oversight, further providing for definitions; in State-based exchange, further providing for powers and duties of exchange authority; and, in reinsurance program, further providing for application.
summary
Introduced
04/24/2024
04/24/2024
In Committee
06/07/2024
06/07/2024
Crossed Over
06/05/2024
06/05/2024
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
Potential new amendment
2023-2024 Regular Session
Bill Summary
Amending Title 40 (Insurance) of the Pennsylvania Consolidated Statutes, in preliminary provisions relating to health insurance markets oversight, further providing for definitions; and, in State-based exchange, further providing <-- for powers and duties of exchange authority; AND, IN <-- REINSURANCE PROGRAM, FURTHER PROVIDING FOR APPLICATION.
AI Summary
This bill amends the Pennsylvania Consolidated Statutes to make changes to the state's health insurance markets. Specifically, it adds a definition for an "Affordability Assistance Program" that the state exchange authority can implement to provide financial assistance to consumers purchasing health plans on the state exchange. The bill also expands the powers and duties of the state exchange authority, allowing it to use exchange user fees to fund either the state's reinsurance program or the new affordability assistance program, or both. Additionally, the bill requires the Department of Health to apply for a federal waiver under the Affordable Care Act to establish and maximize funding for the state's reinsurance program.
Committee Categories
Budget and Finance, Business and Industry
Sponsors (33)
Patty Kim (D)*,
Aerion Abney (D),
Heather Boyd (D),
Tim Brennan (D),
Johanny Cepeda-Freytiz (D),
Missy Cerrato (D),
Mary Jo Daley (D),
Tina Davis (D),
Dan Frankel (D),
José Giral (D),
Roni Green (D),
Nancy Guenst (D),
Jim Haddock (D),
Liz Hanbidge (D),
Carol Hill-Evans (D),
Kristine Howard (D),
Tarik Khan (D),
Bridget Kosierowski (D),
Dave Madsen (D),
Steve Malagari (D),
La'Tasha Mayes (D),
Joe McAndrew (D),
Darisha Parker (D),
Chris Pielli (D),
Steve Samuelson (D),
Ben Sanchez (D),
Mike Schlossberg (D),
Gregory Scott (D),
Melissa Shusterman (D),
Josh Siegel (D),
Arvind Venkat (D),
Perry Warren (D),
Joseph Webster (D),
Last Action
Referred to BANKING AND INSURANCE (on 06/07/2024)
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