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General Assembly Raised Bill No. 1477
January Session, 2025
LCO No. 5694
Referred to Committee on HUMAN SERVICES
Introduced by:
(HS)
AN ACT CONCERNING A COVERED CONNECTICUT TRUST FUND.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
Section 1. (NEW) (Effective July 1, 2025) (a) There is established an 1
account to be known as the "Covered Connecticut Trust Fund" which 2
shall be a separate, nonlapsing account within the Grants and Restricted 3
Accounts Fund established pursuant to section 4-31c of the general 4
statutes. The account shall contain any moneys required by law to be 5
deposited in the account. Moneys in the account shall be expended to 6
promote the sustainability of health care provided in the state through 7
the Covered Connecticut program, established pursuant to section 19a-8
754c of the general statutes, the HUSKY Health program, as defined in 9
section 17b-290 of the general statutes, and health care subsidies offered 10
through the Connecticut Health Insurance Exchange, established 11
pursuant to section 38a-1081 of the general statutes. 12
(b) The Commissioner of Health Strategy, in consultation with the 13
Commissioner of Social Services and the Insurance Commissioner, shall 14
develop a strategic plan to use moneys in the fund to sustain health care 15
services offered through said programs and the Connecticut Health 16 Raised Bill No. 1477
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Insurance Exchange in the event federal Medicaid funding or health 17
care subsidies decrease. 18
(c) Not later than September 1, 2025, the Commissioner of Health 19
Strategy shall file a report, in accordance with the provisions of section 20
11-4a of the general statutes, with the joint standing committees of the 21
General Assembly having cognizance of matters relating to 22
appropriations and the budgets of state agencies, human services and 23
insurance and real estate on the strategic plan and recommendations for 24
state appropriations needed to sustain the fund and said health care 25
programs and subsidies. 26
This act shall take effect as follows and shall amend the following
sections:
Section 1 July 1, 2025 New section
HS Joint Favorable