Montana § 50-5-252 Insurance Premium Support Account -- Contributions -- Nonsupplantation Of Funds -- Reporting

Montana Statutes

§ 50-5-252 — Insurance Premium Support Account -- Contributions -- Nonsupplantation Of Funds -- Reporting

Montana·Title 50 HEALTH AND SAFETY·Ch. 5 HOSPITALS AND RELATED FACILITIES·Part 2 Licensing

50-5-252 . Insurance premium support account -- contributions -- nonsupplantation of funds -- reporting.

(1)There is an insurance premium support account in the state special revenue fund in the state treasury. The money in the account is allocated to the department to fund health insurance premiums for Montana residents who:

(a)purchase health insurance on the federal health insurance marketplace; and

(b)have an income between 139% and 400% of the federal poverty level.

(2)The department may accept contributions from experimental treatment centers as provided for in 50-5-251 . Contributions must be deposited in the insurance premium support account.

(3)Funds deposited in the insurance premium support account may be used only for the purpose authorized in subsection (1) and may not be

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50-5-252 . Insurance premium support account -- contributions -- nonsupplantation of funds -- reporting. (1) There is an insurance premium support account in the state special revenue fund in the state treasury. The money in the account is allocated to the department to fund health insurance premiums for Montana residents who:
(a) purchase health insurance on the federal health insurance marketplace; and
(b) have an income between 139% and 400% of the federal poverty level.
(2) The department may accept contributions from experimental treatment centers as provided for in 50-5-251 . Contributions must be deposited in the insurance premium support account.
(3) Funds deposited in the insurance premium support account may be used only for the purpose authorized in subsection (1) and may not be used to pay the expenses of any other program or service administered in whole or in part by the department or any other state government entity.
(4) By September 1 of each year, the department shall provide a written report detailing the use of funds in the insurance premium support account to the children, families, health, and human services interim committee in accordance with 5-11-210 .

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