Synopsis As Introduced Amends the Covering ALL KIDS Health Insurance Act. Provides that a person must be a citizen of the United States, have an annual household income of less than $80,001, and have household assets of less than $10,000 to be eligible for the Program. Provides that the Department of Financial and Professional Regulation shall not incur an annual outreach and marketing expense of greater than $1,000,000 and that products, publications, and advertisements shall not contain the name or title of any elected official. Specifies health benefits that may be included in benefit packages. Sets forth premium, co-payment, and out-of-pocket cost requirements. Establishes the Covering ALL KIDS Health Insurance Program Review Committee and sets forth duties of the Committee. Limits State funding for the Covering ALL KIDS Health Insurance Program. Effective July 1, 2006.