LCO No. 1544 1 of 1 General Assembly Proposed Bill No. 499 January Session, 2021 LCO No. 1544 Referred to Committee on INSURANCE AND REAL ESTATE Introduced by: SEN. LOONEY, 11th Dist. AN ACT CONCERNING A REINSURANCE PROGRAM TO EXPAND HEALTH CARE ACCESS. Be it enacted by the Senate and House of Representatives in General Assembly convened: That the general statutes be amended to require the Office of Health 1 Strategy, established under section 19a-754a of the general statutes, in 2 conjunction with the Office of Policy and Management, the Insurance 3 Department and the Health Reinsurance Association created under 4 section 38a-556 of the general statutes, to seek a state innovation waiver 5 under Section 1332 of the Patient Protection and Affordable Care Act, 6 P.L. 111-148, to establish a reinsurance program that (1) provides 7 enough state subsidies that it does not adversely affect those who 8 qualify for subsidies under the Connecticut Health Insurance Exchange, 9 and (2) lowers premiums for those who do not qualify for such 10 subsidies. 11 Statement of Purpose: To expand health care coverage by lowering insurance premiums.