MEDICAL EDUCATION – Amends existing law to provide for the Medical Education Fund and to provide for certain funding.

This bill creates a Medical Education Fund in Idaho to support state-funded medical students by requiring them to sign contracts committing to four years of full-time medical practice in the state after completing their education or residency. The fund will be financed through reimbursements from physicians who leave the state, a one percent tax on health insurance premiums starting in 2028, legislative appropriations, donations, and interest earned on fund investments. If a physician does not fulfill their service commitment, they must repay the state's financial support according to an amortized schedule over eight years, with provisions for suspending or waiving repayment in cases of hardship, disability, or military service. The bill applies to medical students enrolling in state-supported programs beginning fall 2023 and establishes an effective date of July 1, 2026.