State High Risk Pool Funding Extension Act of 2005

H.R. 3297, the State High Risk Pool Funding Extension Act of 2005, seeks to provide continued federal funding to help states establish and maintain "high-risk pools," which are specialized health insurance programs for individuals who are otherwise unable to obtain private coverage due to pre-existing medical conditions. The bill updates how federal money is distributed to states, ensuring that funding is based not only on the number of uninsured residents but also on the actual number of people enrolled in these high-risk programs. Additionally, the legislation proposes increasing tax credits for health insurance premiums and calls for a study to create a standardized national model for determining who qualifies as "uninsurable" to ensure more consistent access to care across different states.