The bill outlines the operations and financial activities of the Catastrophic Illness in Children Relief Fund (CICRF) for fiscal year 2023, emphasizing its vital role in providing financial assistance to families in Massachusetts with children facing significant medical expenses. In FY2023, the CICRF disbursed nearly $2.35 million to 142 families, with reimbursements ranging from $698 to $54,190, and an average reimbursement of $16,547. The report highlights that approximately 66% of the families served had incomes below 200% of the federal poverty level, underscoring the fund's importance in supporting low-income families dealing with catastrophic illnesses. The CICRF has also implemented improvements such as a new Customer Relationship Management (CRM) system and an electronic application process to streamline operations and reduce wait times for families.
Additionally, the bill details the funding sources for the CICRF, primarily from employer contributions to the Commonwealth Care Trust, with total deposits in FY2023 amounting to approximately $3.1 million. The report notes that expenditures slightly exceeded $3.5 million, leaving a remaining balance of $5.8 million in the fund. It emphasizes that all children assisted had health insurance, yet many faced significant out-of-pocket expenses due to coverage limitations. The CICRF serves families across all income levels, with 77% of families having incomes under 300% of the federal poverty level. The report concludes by reaffirming the CICRF's critical role as a safety net for families, allowing children with serious health conditions to remain in their homes and communities while receiving necessary medical services.