LCO No. 1146 1 of 1
General Assembly Proposed Bill No. 212
January Session, 2021
LCO No. 1146
Referred to Committee on INSURANCE AND REAL ESTATE
Introduced by:
SEN. KELLY, 21st Dist.
AN ACT ESTABLISHING A STATE -OPERATED REINSURANCE
PROGRAM AND REQUIRING THAT THIS STATE APPLY FOR A
STATE INNOVATION WAIVER.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
That title 38a of the general statutes be amended to: (1) Establish a 1
state-operated reinsurance program to cover claims for certain health 2
benefits under qualified health plans; and (2) require this state to apply 3
for a waiver from the federal government pursuant to 42 USC 18052 4
that, if granted, would fund such reinsurance program by reallocating 5
any premium tax credits and cost-sharing reductions that the federal 6
government would have paid to enrollees but for such reinsurance 7
program. 8
Statement of Purpose:
To establish a state-operated reinsurance program and require this state
to apply for a state innovation waiver to fund such program.