Bill > S641

This bill aims to enhance the management of the Health Connector, a state-run health insurance marketplace, by restructuring its governing board and increasing transparency. Specifically, it modifies the composition of the Connector Board, which oversees the Health Connector, by defining specific roles and appointing members with diverse expertise, including actuaries, health economists, small business representatives, employer organization representatives, and health insurance professionals, alongside state officials. The bill also mandates that the Health Connector adhere to the open meeting law, ensuring public access to its proceedings, and the public records law, making board votes, meeting minutes, financial records, contracts, and staff salaries accessible to the public and posted on its website. Furthermore, it requires the Secretary of Administration and Finance to annually review and report on the return on investment of funds allocated to the Health Connector, submitting these findings and recommendations to legislative committees by December 31 each year.