HB 193 (see companion bill HB 176) – Delaware

Status: Enacted
Year Introduced: 2019
Year Enacted: 2019
Link: http://legis.delaware.gov/BillDetail?LegislationId=47632

This Act creates the Delaware Health Insurance Individual Market Stabilization Reinsurance Program & Fund (the Program). The Program will be administered by the Delaware Health Care Commission in order to provide reinsurance to health insurance carriers that offer individual health benefit plans in Delaware. The Program will be funded with passthrough funds received from the federal government under the Affordable Care Act, funds provided by the Federal Government for reinsurance, and through a 2.75% annual assessment based on insurance carriers premium tax liability.

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