1. (a) The office may establish a health insurance coverage premium assistance program for individuals who meet the following:

   1. (1) Have an annual household income of the following:

      1. (A) Through December 31, 2013, not more than two hundred percent (200%) of the federal income poverty level.
      2. (B) Beginning January 1, 2014, not more than one hundred thirty-three percent (133%) of the federal income poverty level, based on the adjusted gross income provisions set forth in Section 2001(a)(1) of the federal Patient Protection and Affordable Care Act.
   2. (2) Are eligible for health insurance coverage through an employer but cannot afford the health insurance coverage premiums.

2. (b) A program established under this section must:

   1. (1) contain eligibility requirements that are similar to the eligibility requirements of the plan;
   2. (2) include a health care account as a component; and

   3. (3) provide that an individual's payment:

      1. (A) to a health care account; or

      2. (B) for a health insurance coverage premium;

         may not exceed five percent (5%) of the individual's annual income.

3. (c) The office may adopt rules under IC 4-22-2 necessary to implement and administer this section.

As added by P.L.3-2008, SEC.98. Amended by P.L.160-2011, SEC.13; P.L.30-2016, SEC.22.