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Senate advances health‑insurance high‑risk pool after split debate; House bill 94 passes
Summary
Following major floor debate over funding approach, the Senate passed House Bill 94 to address the actuarial shortfall in Utah’s high‑risk insurance pool; sponsors clashed over earmarking premium‑tax revenue versus annual legislative review.
Salt Lake City — In a sustained floor exchange on Feb. 26, the Utah Senate debated competing approaches to shore up the Utah Comprehensive Health Insurance Pool (HIP) and ultimately passed House Bill 94 after reconsideration.
Senator Davis argued for a permanent funding fix, proposing that a portion of the state’s insurance‑premium tax (cited in debate as roughly $110,000,000 annually) be used to make the pool actuarially sound; he said the fund currently faced an actuarial shortfall (about $14,000,000 this year) and that his…
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