Connecticut 2025 Regular Session

Connecticut Senate Bill SB01477 Compare Versions

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55 General Assembly Raised Bill No. 1477
66 January Session, 2025
77 LCO No. 5694
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1010 Referred to Committee on HUMAN SERVICES
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1313 Introduced by:
1414 (HS)
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1819 AN ACT CONCERNING A COVERED CONNECTICUT TRUST FUND.
1920 Be it enacted by the Senate and House of Representatives in General
2021 Assembly convened:
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2223 Section 1. (NEW) (Effective July 1, 2025) (a) There is established an 1
2324 account to be known as the "Covered Connecticut Trust Fund" which 2
2425 shall be a separate, nonlapsing account within the Grants and Restricted 3
2526 Accounts Fund established pursuant to section 4-31c of the general 4
2627 statutes. The account shall contain any moneys required by law to be 5
2728 deposited in the account. Moneys in the account shall be expended to 6
2829 promote the sustainability of health care provided in the state through 7
2930 the Covered Connecticut program, established pursuant to section 19a-8
3031 754c of the general statutes, the HUSKY Health program, as defined in 9
3132 section 17b-290 of the general statutes, and health care subsidies offered 10
3233 through the Connecticut Health Insurance Exchange, established 11
3334 pursuant to section 38a-1081 of the general statutes. 12
3435 (b) The Commissioner of Health Strategy, in consultation with the 13
3536 Commissioner of Social Services and the Insurance Commissioner, shall 14
3637 develop a strategic plan to use moneys in the fund to sustain health care 15
37-services offered through said programs and the Connecticut Health 16 Raised Bill No. 1477
38+services offered through said programs and the Connecticut Health 16
39+Raised Bill No. 1477
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4245 Insurance Exchange in the event federal Medicaid funding or health 17
4346 care subsidies decrease. 18
4447 (c) Not later than September 1, 2025, the Commissioner of Health 19
4548 Strategy shall file a report, in accordance with the provisions of section 20
4649 11-4a of the general statutes, with the joint standing committees of the 21
4750 General Assembly having cognizance of matters relating to 22
4851 appropriations and the budgets of state agencies, human services and 23
4952 insurance and real estate on the strategic plan and recommendations for 24
5053 state appropriations needed to sustain the fund and said health care 25
5154 programs and subsidies. 26
5255 This act shall take effect as follows and shall amend the following
5356 sections:
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5558 Section 1 July 1, 2025 New section
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57-HS Joint Favorable
60+Statement of Purpose:
61+To establish a separate, nonlapsing account to promote sustainability of
62+health care services in the state.
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64+[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except
65+that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not
66+underlined.]
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