An Act To Improve Market Stability for Maine Residents Purchasing Individual Health Insurance Coverage
Sec. 1. 24-A MRSA §3953, sub-§1, ¶A, as enacted by PL 2017, c. 124, §1, is amended to read:
(1) An innovation waiver under Section 1332 of the federal Affordable Care Act as contemplated by paragraphs B and C is granted; or
(2) The federal Affordable Care Act is repealed or amended in a manner that makes the granting of an innovation waiver unnecessary or inapplicable.
Sec. 2. 24-A MRSA §3953, sub-§1, ¶D is enacted to read:
This bill directs the Board of Directors of the Maine Guaranteed Access Reinsurance Association, before proposing a revised plan of operation to resume operations before December 31, 2023, to study and propose a revised plan of operation that may include changes to current law as long as proposed changes are not made that increase the assessments set forth in the Maine Revised Statutes, Title 24-A, section 3957.