S.4746

Provides subsidy for purchase of health insurance for certain individuals living with type 1 diabetes.

This bill provides a subsidy for the purchase of health insurance for certain individuals living with type 1 diabetes. The subsidy is available to households with an income below 400 percent of the federal poverty level. The subsidy is funded by the Health Insurance Affordability Fund, which collects a dedicated assessment of 2.5 percent on the net written premiums of certain health and dental insurance carriers in the state. The fund also receives occasional appropriations from the State General Fund.