Insurance: health insurers; state-based insurance exchange; provide for. Creates new act. TIE BAR WITH: SB 0977'26

Summary

The bill sets up a state‑run, nonprofit health insurance exchange governed by a 12‑member board appointed by the governor and state officials. It will operate a marketplace where insurers can sell qualified health plans and help consumers enroll, aiming to boost competition and consumer information. The measure mainly impacts insurers, small employers, and individuals seeking coverage.

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