Plain English Breakdown
The official source does not provide details on what happens after July 1, 2033.
Extending Health Benefit Review Program
This law extends and updates the California Health Benefit Review Program, which assesses new health insurance laws to see how they might affect costs.
What This Bill Does
- Stretches out the operation of the California Health Benefit Review Program from its original end date in 2027 to July 1, 2033.
- Increases the yearly charge on health insurance companies and plans from $2.2 million to $3.2 million for the years 2026-2033.
- Removes the Healthy Families Program as an example of publicly funded state health insurance programs in financial impact analyses.
Who It Names or Affects
- Health insurance companies and plans
Terms To Know
- California Health Benefit Review Program
- A program run by the University of California that assesses new health insurance laws to see how they might affect costs.
- Health Care Benefits Fund
- A fund used to support the work of the California Health Benefit Review Program.
Limits and Unknowns
- The bill does not specify what will happen after July 1, 2033.
- It requires a two-thirds vote in both houses of the Legislature to pass.