The General Assembly Raised Bill No. 7117 proposes amendments to section 19a-7p of the general statutes concerning the public health fee paid by domestic insurers and health care centers. The bill repeals the existing language in subsection (b) and introduces new provisions that require these entities to pay an annual public health fee to the Insurance Commissioner, which will be deposited into the Insurance Fund. However, starting July 1, 2025, the bill mandates a gradual reduction of this fee, with one-fifth of the total amount being redirected to the General Fund each fiscal year until July 1, 2029, when the entire fee will be deposited into the General Fund. Additionally, the bill establishes penalties for late reporting and discrepancies in the number of insured lives reported by insurers and health care centers.

Furthermore, the bill introduces a new section that allows for the transfer of payments for the Office of Health Strategy from the Insurance Fund to the General Fund over a five-year period, starting July 1, 2025. This transfer will also occur in one-fifth increments each year. The overall intent of the bill is to streamline funding from the Insurance Fund to the General Fund while ensuring that the public health fee and payments for health strategy initiatives are managed effectively.