Stabilize Medicaid and CHIP Coverage Act

This bill extends 12-month continuous enrollment periods for Medicaid and CHIP (Children's Health Insurance Program) coverage, eliminating annual renewal requirements for all enrollees. It removes the previous age limit (under 19) for Medicaid continuous coverage and replaces "child" with "individual" in CHIP rules, applying the same 12-month stability to both adults and children. The key change prevents coverage loss due to administrative renewals, ensuring people maintain health insurance for a full year without reapplying. This directly affects current Medicaid and CHIP beneficiaries who would previously have faced annual eligibility reviews. The policy takes effect one year after the bill's enactment.