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The Florida Senate

2007 Florida Statutes

Approval of health benefits coverage; financial assistance.
Section 409.817, Florida Statutes 2007

409.817  Approval of health benefits coverage; financial assistance.--In order for health insurance coverage to qualify for premium assistance payments for an eligible child under ss. 409.810-409.820, the health benefits coverage must:

(1)  Be certified by the Office of Insurance Regulation of the Financial Services Commission under s. 409.818 as meeting, exceeding, or being actuarially equivalent to the benchmark benefit plan;

(2)  Be guarantee issued;

(3)  Be community rated;

(4)  Not impose any preexisting condition exclusion for covered benefits; however, group health insurance plans may permit the imposition of a preexisting condition exclusion, but only insofar as it is permitted under s. 627.6561;

(5)  Comply with the applicable limitations on premiums and cost-sharing in s. 409.816;

(6)  Comply with the quality assurance and access standards developed under s. 409.820; and

(7)  Establish periodic open enrollment periods, which may not occur more frequently than quarterly.

History.--ss. 42, 57, ch. 98-288; s. 447, ch. 2003-261; s. 22, ch. 2003-405.