Connecticut 2023 Regular Session

Connecticut House Bill HB06712

Introduced
2/16/23  
Refer
2/16/23  
Report Pass
3/14/23  

Caption

An Act Concerning The Removal Of Assessments On The Connecticut Health Insurance Exchange.

Impact

The proposed changes introduced by HB 06712 are set to have a significant impact on the existing laws governing the Connecticut Health Insurance Exchange and the taxation of health carriers. By repealing specific provisions relating to assessments on health carriers, the bill potentially alters the revenue structure that supports the operations of the exchange. This could lead to a decrease in operational funding unless offset by alternative measures. Furthermore, with the aim of reducing premiums for qualified health plans, the bill takes a proactive stance in addressing growing concerns regarding healthcare affordability in the state.

Summary

House Bill 06712 aims to reform aspects of the Connecticut Health Insurance Exchange by removing certain assessments that health carriers are required to pay. The legislation seeks to facilitate improved access and affordability in health insurance for residents by eliminating financial barriers that may hinder the operational capabilities of health carriers within the state. Proponents of the bill argue that the removal of these assessments is essential to fostering a more competitive insurance market that benefits consumers, particularly those seeking qualified health plans. The bill is also part of a broader strategy to reduce the number of uninsured individuals in Connecticut and ensure greater accessibility to health insurance solutions.

Sentiment

The sentiment towards HB 06712 has been generally supportive among legislators who advocate for healthcare reform, seeing the bill as a necessary step in addressing the financial burdens currently imposed on health carriers. However, there are concerns from a minority of legislators about the sustainability of the exchange's funding and operational capabilities without these assessments, leading to a nuanced debate on the economic implications of the bill. Overall, the sentiment highlights a desire to improve healthcare access while balancing fiscal responsibility.

Contention

A notable point of contention surrounding HB 06712 is the potential long-term effects on the financial stability of the Connecticut Health Insurance Exchange. Opponents express worries that removing assessments could lead to diminished resources for the exchange, thereby impacting its ability to support residents effectively. Additionally, there are discussions regarding alternatives for funding the exchange to ensure it can continue providing necessary services without compromising on quality or accessibility.

Companion Bills

No companion bills found.

Previously Filed As

CT HB05377

An Act Concerning The Connecticut Health Insurance Exchange.

CT SB00372

An Act Concerning A Working Group To Study Payments By Insurance Companies For Deposit Into The Insurance Fund.

CT SB00001

An Act Concerning The Health And Safety Of Connecticut Residents.

CT SB00501

An Act Concerning Motor Vehicle Assessments For Property Taxation, Innovation Banks, The Interest On Certain Tax Underpayments, The Assessment On Insurers, School Building Projects, The South Central Connecticut Regional Water Authority Charter And Certain State Historic Preservation Officer Procedures.

CT SB00242

An Act Concerning The Office Of Health Strategy's Recommendations Regarding The All-payer Claims Database.

CT HB05191

An Act Concerning Tax Credits For Small Employers That Purchase Gold Or Silver Level Health Plans Through The Connecticut Health Insurance Exchange.

CT HB05247

An Act Concerning Employee Health Benefit Consortiums.

CT SB00210

An Act Concerning A State-operated Reinsurance Program, Health Care Cost Growth And Site Of Service Billing Requirements.

CT HB05250

An Act Concerning Self-service Storage Insurance.

CT SB00311

An Act Concerning The Connecticut Home-care Program For The Elderly.

Similar Bills

TN SB1014

AN ACT to amend Tennessee Code Annotated, Title 1, Chapter 3; Section 2-3-107; Title 4, Chapter 29, Part 2; Section 8-35-242; Section 8-38-126; Section 9-8-203; Section 10-7-504; Section 37-1-408 and Title 49, relative to charter schools.

TN HB0992

AN ACT to amend Tennessee Code Annotated, Title 1, Chapter 3; Section 2-3-107; Title 4, Chapter 29, Part 2; Section 8-35-242; Section 8-38-126; Section 9-8-203; Section 10-7-504; Section 37-1-408 and Title 49, relative to charter schools.

CO SB050

Work Opportunities For Offenders In Department Of Corrections

CA SB1397

Teacher credentialing: emergency teaching permits.

CO HB1258

Essential Services For Youth Special Districts

CO SB113

Department of Corrections Supplemental

CA AB3149

Substitute teachers: Teaching Permit for Statutory Leave: expanded pathways.

CA SB306

Mortgages and deeds of trust: trustee substitutions.