Bill No.: HB0111                  Drafter:  JWL

 

LSO No.:  05LSO-0389              Effective Date:  7/1/2005

 

Enrolled Act No.:  HEA0030

 

Chapter No.:       57

 

Prime Sponsor:     Joint Labor, Health and Social Services Interim Committee

 

Catch Title:       Health insurance pool amendments.

 

Subject:  Amends eligibility and policy restrictions under the Wyoming Health Insurance Pool Act.

 

Summary/Major Elements:

 

·                    Removes existing exception to eligibility exclusion for persons who provide evidence that their coverage will terminate within seven months after pool coverage becomes effective.

 

·                    Adds new eligibility exclusion for persons eligible for employer-sponsored health coverage, even if that coverage is declined.

 

·                    Directs insurance commissioner to offer at least two premium/deductible plans, possibly including a health savings account option, for all eligible persons.

 

·                    Directs insurance commissioner to set premiums as close as practical to the lower end of the statutory premium range without shifting more than 50% of premium burden to private carrier assessments.

 

·                    Repeals specific deductible requirements.

 

Comments:

 

· Popular name – Wyoming Health Insurance Pool Act; WHIP Program.

 

· Extends sunset date from 6/30/2005 to 6/30/2011.