AN ACT CONCERNING THE RECOMMENDATIONS OF THE INSURANCE FUND WORKING GROUP.

HB 7117 modifies how health insurance fees are allocated in Connecticut. It requires domestic insurers and health care centers providing specific health insurance types to pay an annual public health fee, but gradually shifts more of this fee from the Insurance Fund to the General Fund - reducing the Insurance Fund portion by one-fifth each year until 2029, when all funds go to the General Fund. The bill also mandates annual reporting of enrolled lives (excluding Medicare/Medicaid) by insurers, with penalties for late filings ($100/day) or reporting discrepancies ($15,000 max civil penalty). These changes directly affect health insurance providers operating in Connecticut and redirect funds to support the Office of Health Strategy over a five-year period.