SB 73

The Health Insurance Risk-Sharing Plan (HIRSP), which is administered by

the HIRSP Authority, provides health insurance coverage for persons who are

covered under Medicare because they are disabled, persons who have tested positive

for human immunodeficiency virus (HIV), persons who have been refused coverage,

or coverage at an affordable price, in the private health insurance market because

of their mental or physical health condition, and persons who do not currently have

health insurance coverage but who were covered under certain types of health

insurance coverage (creditable coverage) for at least 18 months in the past. The

lifetime limit of benefits that HIRSP will provide to an individual who is covered

under HIRSP is $1,000,000. This bill retains $1,000,000 as the minimum lifetime

limit of benefits under HIRSP but allows the HIRSP Authority to increase that

lifetime limit.