AN ACT CONCERNING THE REVITALIZATION AND STRENGTHENING OF THE STATE'S HEALTH CARE SYSTEM TO PROMOTE HEALTH CARE QUALITY AND AFFORDABILITY.

SB 835 aims to improve healthcare quality and affordability by making several key changes to Connecticut's healthcare system. It removes most certificate of need requirements for hospital service expansions (except for radiology equipment, service reductions, or ownership transfers), mandates public hearings for applications, and requires the state to review applications within 120 days. The bill also adds oversight checkpoints to insurance rate approvals and directs a study on tiered insurance plans based on federal health benefits standards. These changes directly affect hospitals, health care providers, and insurers by streamlining service expansions and altering insurance regulation processes.