The committee approved an A1 amendment to House File 33‑88, which seeks to continue and preserve the state reinsurance program and its funding authority (assessment/credit model). Witnesses said reinsurance substantially lowered individual‑market premiums; the committee laid HF 33‑88, as amended, over for possible omnibus inclusion.

Representative Foley proposed a combined funding approach — raise the existing $4 PM assessment to $5 PM and allocate the equivalent of a 1.5% premium assessment from the general fund — to generate an estimated $147.8M in revenue and a projected ~14% premium reduction; the committee adopted the amendment and asked bureaus to validate actuarial calculations.