2. The franchised corporation shall enter into a memorandum of understanding with the horsemen's organization representing at least fifty-one percent of the owners and trainers utilizing the facilities of such franchised corporation for a plan of operation of the program, provided that such memorandum of understanding shall be approved by the gaming commission upon a determination that such memorandum of understanding meets the statutory requirements of this section and is in the best interest of racing and shall include, but not be limited to, the following conditions: a. health insurance policies shall be purchased on an American health benefit exchange established pursuant to 42 U.S.C. § 18031(b) by the insured; b. health insurance policies eligible to be purchased under the program shall be any policy that is silver level of coverage or lower as defined by 42 U.S.C. § 18022(d). Provided, however, the insured may elect to purchase a gold level or platinum level of coverage as defined by 42 U.S.C. § 18022(d) if the insured pays the difference in premiums between such policy and the premium for the silver level policy offered by the same insurer. Such payments shall be paid into the account established in subdivision one of this section and shall be governed by the terms of the memorandum of understanding required by this section; c. notwithstanding the conditions set forth in paragraphs a and b of this subdivision, a memorandum of understanding with the horsemen's organization representing at least fifty-one percent of the owners and trainers utilizing the facilities of such franchised corporation may be approved by the commission upon a determination that such memorandum of understanding is in the best interest of racing that creates a trainer health trust to be administered by the franchised corporation for the purpose of obtaining trainers health benefits from a health insurance provider that covers trainers and their dependents with a health insurance policy that is not purchased on an American health benefit exchange established pursuant to 42 U.S.C. § 18031(b) but does provide silver level coverage or lower as defined by 42 U.S.C. § 18022(d); d. the payment of premiums pursuant to this section shall be made on behalf of eligible trainers pursuant to paragraph e of this subdivision by the franchised corporation from monies in the account established in subdivision one of this section directly to the health plan selected pursuant to paragraph b or c of this subdivision; e. to be eligible to receive health insurance through this program, an individual shall have started at least forty-three races conducted by the franchised corporation during the prior calendar year and at least sixty percent of the trainer's total amount of starts occurred at the franchised corporation during the prior calendar year; and f. the gaming commission shall have the following powers:

1. (i) to rule on eligibility in the event of a denial of coverage pursuant to paragraph e of this subdivision. In the event of a denial of coverage, such individual trainer that was denied eligibility may appeal to the gaming commission;
2. (ii) to make a determination if an individual would have qualified pursuant to paragraph e of this subdivision; and
3. (iii) to audit the books and records of the program.