Fla. Stat. § 409.817

Current through the 2024 Legislative Session
Section 409.817 - Approval of health benefits coverage; financial assistance

In order for health insurance coverage to qualify for premium assistance payments for an eligible child under ss. 409.810 - 409.821, the health benefits coverage must:

(1) Be certified by the Office of Insurance Regulation of the Financial Services Commission under s. 409.818 as meeting, exceeding, or being actuarially equivalent to the benchmark benefit plan;
(2) Be guarantee issued;
(3) Be community rated;
(4) Not impose any preexisting condition exclusion for covered benefits;
(5) Comply with the applicable limitations on premiums and cost sharing in s. 409.816;
(6) Comply with the quality assurance and access standards developed under s. 409.820; and
(7) Establish periodic open enrollment periods, which may not occur more frequently than quarterly.

Fla. Stat. § 409.817

ss.42, 57, ch. 98-288; s.447, ch. 2003-261; s.22, ch. 2003-405; s.10, ch. 2009-113; s.3, ch. 2016-194.
Amended by 2016 Fla. Laws, ch. 194, s 3, eff. 7/1/2016.