Starting July 1, 2028, Idaho would direct 1% of health insurance premium tax receipts to a fund that could support grants for eligible physicians practicing in Idaho.
Starting July 1, 2028, Idaho would set aside 1% of health insurance premium tax receipts for its medical education fund. Available money could support physician grants and oversight of medical student contracts.
Idaho would automatically set aside 1% of the state's total tax receipts from health insurance premiums for the medical education fund. The State Board of Education or its designee would manage the fund. Money could support physician grants and the costs of managing and enforcing medical students' service and repayment rules. Spending would depend on available money. Grants would go to licensed physicians practicing in Idaho who meet additional State Board of Education rules; the board would set grant amounts. The bill specifies July 1, 2026, as its effective date if enacted. The continuing allocation of tax receipts would begin on July 1, 2028.
No hearings or votes scheduled.