Last Action | to Appropriations & Revenue (S) |
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Title | AN ACT relating to the Insurance Coverage, Affordability and Relief to Small Employers (ICARE) Program, making an appropriation therefore, and declaring an emergency. |
Bill Documents |
Bill
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Impact Statements | Fiscal Note |
Bill Request Number | 1598 |
Sponsors | T. Thompson, S. Riggs, J. Arnold Jr., B. Damron, M. Denham, J. Glenn, J. Greer, C. Hoffman, R. Nelson, F. Nesler, D. Osborne, R. Palumbo, T. Pullin, R. Rand, R. Weston, S. Westrom, A. Wuchner |
Summary of Original Version | Establish Subtitle 17D of KRS Chapter 304 and create new sections thereof to establish the Insurance Coverage Affordability and Relief to Small Employers (ICARE) Program to make health insurance more affordable for small employer groups of 2 to 50 employees; require all health insurers that issue health benefit plans to small employer groups to be ICARE program participating insurers; establish 2 employer health care incentive programs for eligible employers; prohibit participation by an employer group whose average annual salary exceeds 300% of the federal poverty level; require each participating insurer to offer at least 1 enriched qualified health benefit plan to each employer group; direct that health care incentives shall be paid in amounts of $40 per employee per month to the employer group that has not provided coverage for the past 12 months and $60 per employee per month to the employer group that has at least 1 member with a high-cost health condition; authorize the Office of Insurance to limit enrollment to not exceed annual program funding; direct the Office of Insurance to develop and establish policies and procedures for eligibility determinations, enrollment, payment issuance, reconciliation processes, data collection and reporting, and other responsibilities; direct the Office of Insurance to establish and maintain the ICARE Program fund; require participating insurers to disclose the availability of the program to eligible employer groups; APPROPRIATION; EMERGENCY. |
Index Headings of Original Version |
Fiscal Note - Insurance Coverage Affordability and Relief to Small Employers (ICARE) Program, creation of Insurance, Health - Insurance Coverage Affordability and Relief to Small Employers (ICARE) Program, creation of Small Business - Insurance Coverage Affordability and Relief to Small Employers (ICARE) Program, creation of State Agencies - Office of Insurance, ICARE Program, statutory creation of |
Proposed Amendments | House Floor Amendment 1 |
Votes | Vote History |
02/13/08 |
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02/15/08 |
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02/25/08 |
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02/27/08 |
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02/28/08 |
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03/04/08 |
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03/13/08 |
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03/18/08 |
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03/19/08 |
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03/20/08 |
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03/21/08 |
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03/26/08 |
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Amendment | House Floor Amendment 1 |
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Sponsor | T. Thompson |
Summary | Add language to ensure that the program is not expanded or operated at a level beyond that supported by funding available. |
Index Headings |
Fiscal Note - Insurance Coverage Affordability and Relief to Small Employers (ICARE) Program, creation of Insurance, Health - Insurance Coverage Affordability and Relief to Small Employers (ICARE) Program, creation of Small Business - Insurance Coverage Affordability and Relief to Small Employers (ICARE) Program, creation of State Agencies - Office of Insurance, ICARE Program, statutory creation of |
Last updated: 8/28/2019 8:09 AM (EDT)