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