Requires the state health benefit exchange, in consultation with the insurance commissioner, the state health care authority, an independent actuary, and other stakeholders, to establish up to three standardized health plans for each of the bronze, silver, and gold levels.

Requires the state health care authority, in consultation with the state health benefit exchange, to contract with one or more health carriers to offer silver and gold qualified health plans on the state health benefit exchange for plan years beginning in 2021.

Requires the state health benefit exchange, in consultation with the state health care authority and the insurance commissioner, to develop a plan to implement and fund premium subsidies for individuals whose modified adjusted gross incomes are less than five hundred percent of the federal poverty level and who are purchasing individual market coverage on the exchange.

Exempts the following from disclosure under the public records act: Data submitted by health carriers to the state health benefit exchange for establishing standardized benefit plans.