Raised Bill No. 306, introduced to the Committee on Human Services, proposes a phased-out elimination of asset limits in the HUSKY C health program, which is defined in section 17b-290 of the general statutes. The bill outlines a five-year plan starting July 1, 2024, to incrementally increase the asset limits for unmarried and married persons until there are no asset limits for either group by the fiscal year ending June 30, 2029. The initial increase for the fiscal year ending June 30, 2025, would raise the asset limit to $10,000 for an unmarried person and $15,000 for married persons, with subsequent annual increases reaching $100,000 for an unmarried person and $150,000 for married persons by the fiscal year ending June 30, 2028.

Additionally, the bill allows individuals whose income exceeds the HUSKY C program limits to qualify for the program by spending down their excess income on incurred medical bills, as per 42 CFR 435.831. The Commissioner of Social Services is also required to submit annual reports from July 1, 2025, to July 1, 2029, to the joint standing committee of the General Assembly on the number of persons eligible for the HUSKY C health program and any increased state costs due to the changes in asset limits. The act is set to take effect on July 1, 2024, as a new section in the statutes.