Establishes a Rhode Island program to reduce out-of-pocket costs for low- and moderate-income consumers in the individual health insurance market.

The Rhode Island Individual Market Affordability Act of 2026 establishes a program to help reduce out-of-pocket costs for low- and moderate-income consumers enrolled in individual health insurance coverage through the Rhode Island health benefits exchange. The program aims to improve affordability by providing state premium assistance payments to carriers on behalf of individual enrollees. The program fund is created through a state general fund appropriation and may be supplemented by other funding sources.

Establishes a Rhode Island program to reduce out-of-pocket costs for low- and moderate-income consumers in the individual health insurance market.

The Rhode Island Individual Market Affordability Act of 2026 establishes a program to help reduce out-of-pocket costs for low- and moderate-income consumers enrolled in individual health insurance coverage through the Rhode Island health benefits exchange. The program aims to improve affordability by providing state premium assistance payments to carriers on behalf of individual enrollees. The program fund is created through a state general fund appropriation and may be supplemented by other funding sources.