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2018 Special Session I

Budget Amendments - HB5002 (Floor Approved)

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Authority for Section 1332 State Innovation Waiver (language only)

Item 281 #1h

Item 281 #1h

Health and Human Resources
Secretary of Health and Human Resources

Language

Page 284, after line 22, insert:

"V.1. The Secretary of Health and Human Resources is authorized to develop and apply for a state innovation waiver under Section 1332 of the federal Patient Protection and Affordable Care Act (42 U.S.C. 18052) to implement innovative solutions to help stabilize the individual insurance market  by reducing individual insurance premiums and out-of-pocket costs while preserving access to health insurance. Such solutions may include the implementation of a state reinsurance program or high risk pool, or market stabilization program payments, among others.  

2.  The State Corporation Commission Bureau of Insurance shall provide technical assistance to the Secretary of Health and Human Resources as requested.

3.  The Secretary shall report on the waiver plan to the House and Senate Committees on Labor and Commerce and the House Appropriation and Senate Finance Committees prior to the submission of the waiver application.  Such report shall include an analysis of the costs and assumptions used to implement the waiver and any mechanism proposed to fund the non-federal share of costs.  Implementation of the waiver shall be subject to appropriation of the non-federal share of costs by the General Assembly and approval by the United States Secretary of Health and Human Services."



Explanation

(This amendment adds language authorizing the Secretary of Health and Human Resources to develop and apply for a state innovation waiver under Section 1332 of the federal Patient Protection and Affordable Care Act to implement innovative solutions to help stabilize the individual insurance market. Language requires the State Corporation Commission Bureau of Insurance to provide technical assistance as requested. The Secretary is required to report on the waiver to the House Appropriations and Senate Finance Committees and the House and Senate Committees on Labor and Commerce. Implementation of the waiver is contingent upon an appropriation of non-federal funding, if needed.)