H1181
An Act to redirect excessive health insurer reserves to support health care safety net programs
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- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill proposes to require Massachusetts health insurers to contribute a portion of their large, accumulated reserves to support programs that provide healthcare services to vulnerable populations. The Division of Insurance would be authorized to impose an assessment on insurers to cover these expenses. This aims to bolster the state’s healthcare safety net, ensuring access to care for those who need it most. It builds upon similar legislation previously introduced and considered.
Sponsors
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Primary sponsor
Danielle W. Gregoire
Cosponsor
Danielle W. Gregoire
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