Health Insurance Affordability Measures

Summary

The bill creates a new state‑run enterprise and a dedicated cash fund that can issue revenue bonds, invest money, and allocate revenues to subsidize individual health plans, a reinsurance program, and other cost‑reduction measures. It earmarks at least 20% of funds for premium subsidies, 50% for reinsurance, 25% for exchange‑plan cost cuts, and a small share for administration and federal compliance. By June 30 2026 the state must move $40 million from the marijuana tax fund into this new pool.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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