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Decision Package
State Corporation Commission (171)
Request Title Provide additional appropriation for the Reinsurance Program
Biennium 2024-2026
Budget Round Initial Bill
Category Other spending or initiatives
Region None
Description

Increases appropriation to reimburse individual health insurance market carriers for eligible expenses. The Reinsurance Program is supported through federal funding provided through the Patient Protection and Affordable Care Act Section 1332 State Innovation Waiver and state funds.

Funding Summary
Object Type FY 2024 FY 2025  
General Fund Dollars $5,000,000 $47,000,000  
Nongeneral Fund Dollars $331,877,124 $354,120,000  
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 2024 FY 2025
  408 Plan Management $336,877,124 $401,120,000
By Fund Fund Code Fund Title FY 2024 FY 2025
  01000 General Fund $5,000,000 $47,000,000
  02006 Scc Commwlth Health Reins Prgm $0 $0
  10000 Federal Trust $331,877,124 $354,120,000
Authorized Position Details
By Program Program Code Program Title FY 2024 FY 2025


p3_opview - Official Enacted Budget View Operating Bullet Details - 06-07-2025 07:07:38