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Bill > SB00188


CT SB00188

CT SB00188
An Act Concerning A State-operated Reinsurance Program And The Regulation Of Health Care Cost Growth.


summary

Introduced
01/08/2025
In Committee
01/08/2025
Crossed Over
Passed
Dead
06/04/2025

Introduced Session

2025 General Assembly

Bill Summary

To establish a state-operated reinsurance program and reduce the cost of health care in this state.

AI Summary

This bill proposes to establish a state-operated reinsurance program and implement several health care cost management strategies. Specifically, the bill would create a reinsurance program to cover claims for certain health benefits in qualified health plans, and seek a federal waiver (under 42 USC 18052) to potentially redirect premium tax credits and cost-sharing reductions to fund this program. The Office of Health Strategy would be required to develop a prescription drug benchmarking program and carefully consider the potential impacts of primary care spending targets on funding for individuals with developmental disabilities. Additionally, the bill establishes a task force to study spread pricing in prescription drugs and explore potential savings through alternative drug purchasing strategies. The overall goal is to reduce health care costs in the state by creating a more efficient and cost-effective health insurance and prescription drug ecosystem.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

Referred to Joint Committee on Insurance and Real Estate (on 01/08/2025)

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