601.80 Definitions; healthcare stability plan. In this subchapter: (1) “Affordable Care Act” means the federal Patient Protection and Affordable Care Act, P.L. 111-148, as amended by the federal Health Care and Education Reconciliation Act of 2010, P.L. 111-152, and any amendments to or regulations or guidance issued under those acts. (2) “Attachment point” means the […]
601.83 Healthcare stability plan; administration. (1) Plan established; general administration. (a) The commissioner shall administer a state-based reinsurance program known as the healthcare stability plan in accordance with the specific terms and conditions approved by the federal department of health and human services dated July 29, 2018. Before December 31, 2023, the commissioner may not […]
601.85 Accounting, reports, and audits. (1) Accounting. The commissioner shall keep an accounting for each benefit year of all of the following: (a) Funds appropriated for reinsurance payments and administrative and operational expenses. (b) Requests for reinsurance payments received from eligible health carriers. (c) Reinsurance payments made to eligible health carriers. (d) Administrative and operational […]
