The bill amends the Florida Health Choices Program, renaming it the Florida Employee Health Choices Program, and introduces several key changes to improve access to affordable health insurance for both employers and employees. Notably, it incorporates individual coverage health reimbursement arrangements, allowing employers to allocate health care dollars directly to employees for selecting their own health plans. The bill also revises definitions, purposes, and components of the program, streamlining the purchasing process for health insurance products while deleting certain pricing transparency requirements to better align with the new structure.

Furthermore, the bill establishes a new corporation, Florida Employee Health Choices, Inc., to administer the program and outlines eligibility and participation requirements for employers, individuals, and vendors. It specifies the types of health insurance products available and creates a secure website for purchasing health products and services. The governance structure of the corporation is defined, including a 15-member board of directors, and it introduces exemptions from existing insurance regulations to facilitate operations. The bill also updates the timeline for annual reporting to the Governor and legislative leaders to the 2026-2027 fiscal year, aiming to enhance health care access and flexibility for Florida residents while ensuring program integrity and confidentiality.

Statutes affected:
S 1034 Filed: 408.910, 409.821