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Decision Package
Central Appropriations (995)
Request Title Provide funding for reinsurance program
Biennium 2020-2022
Budget Round Initial Bill
Category New general fund spending initiatives
Region None
Description

Provides funding for a reinsurance program intended to stabilize the rates and premiums for health insurance policies in the individual market and provide greater financial certainty to consumers of health insurance in this Commonwealth.

Funding Summary
Object Type FY 2020 FY 2021  
General Fund Dollars $73,000,000 $73,000,000  
Nongeneral Fund Dollars $0 $0  
General Fund Positions 0.00 0.00  
Nongeneral Positions 0.00 0.00  
General Fund Transfers $0 $0  
General Fund Revenue $0 $0  
Layoffs $0 $0  
Additions to Balance $0 $0  
Funding Details
By Program Program Code Program Title FY 2020 FY 2021
  758 Payments For Special Or Unanticipated Expenditures $73,000,000 $73,000,000
By Fund Fund Code Fund Title FY 2020 FY 2021
  01000 General Fund $73,000,000 $73,000,000
Authorized Position Details
By Program Program Code Program Title FY 2020 FY 2021


p3_opview - Official Enacted Budget View Operating Bullet Details - 06-07-2025 13:06:44