Requires premiums, for children with certain family incomes who are not eligible for federal financial participation under Title XIX or XXI of the federal social security act or who are on a waiting list for state-subsidized enrollment, to be in an amount equal to the average state per capita cost of coverage under the state-funded children's health program.

Prohibits enrollment, for certain children, from resulting in expenditures that exceed the amount that has been appropriated for the program in the operating budget.