| Sec. 1511.0052. PURPOSE OF POOL. The purpose of the pool is | |
| to provide a reinsurance mechanism to: | |
| (1) meaningfully reduce health benefit plan premiums | |
| in the individual market by mitigating the impact of high-risk | |
| individuals on rates; | |
| (2) maximize available federal money to assist | |
| residents of this state to obtain guaranteed issue health benefit | |
| coverage without increasing the federal deficit; and | |
| (3) increase enrollment in guaranteed issue, | |
| individual market health benefit plans that provide benefits and | |
| coverage and cost-sharing protections against out-of-pocket costs | |
| comparable to and as comprehensive as health benefit plans that | |
| would be available without the pool. |
(R) HB 1129 – Introduced Version – Bill Text
