Director, Life & Health Financial Oversight at Florida Office of Insurance Regulation
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Decision makers at Florida Office of Insurance Regulation
Budget Director
Director, Life & Health Market Regulation
Director, Life & Health Product Review
Director, Market Research & Technology
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The agenda for the meeting included a Roll Call, review of the Antitrust Statement, Executive Director's Report, and approval of the 2024 Financial Audits for both the Small Employer Health Reinsurance Program and the Individual Health Reinsurance Program. A primary focus was the discussion and approval of Legislative Proposals for 2026. Other items included the approval of the State of the Market Annual Report.
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The agenda for this meeting included a roll call, review of the antitrust statement, the Executive Director's Report, other business, and public comment. Key topics covered during the referenced February 11, 2025, minutes (which were subject to approval) included the annual review of the Plan of Operation, presentation of financial statements as of December 31, 2024, the 2025 budget and assessments (totaling $60,000, split between small group and individual markets), approval of a new banking resolution, approval of the State of the Market Annual Report utilizing 2023 data, approval of the 2023 financial audits, and discussion and approval of eight legislative proposals for 2025. During public comment, questions arose regarding the expiration of federal ACA tax credits in 2025 and the use of funds collected via assessments.
The meeting included the Executive Director's Report, which provided an overview of the Florida Health Insurance Advisory Board's original purpose as the Small Employer Health Reinsurance Program and noted that assessments are currently only used for operational costs. Financial statements as of October 31, 2025, showed sufficient funds to sustain operations until the 2026 assessments. The Board ratified an agreement for the 2024 financial statements audit, noting slight increases in audit costs for the small group and individual plan audits compared to 2023. In other business, it was announced that legislative proposals due on December 5 would be compiled, and only proposals reaching full consensus would be submitted to the 2026 Florida Legislature.
The meeting agenda includes calling the meeting to order, roll call, an antitrust statement, and approval of the minutes from the October 8, 2024 meeting. The agenda also includes the executive director's report, approval of the State of the Market Annual Report, approval of the 2023 financial audits, and discussion/approval of legislative proposals for 2025.
Extracted from official board minutes, strategic plans, and video transcripts.
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