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US HR1304

Self-Insurance Protection Act


summary

Introduced
03/02/2017
In Committee
03/08/2017
Crossed Over
04/06/2017
Passed
Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

Self-Insurance Protection Act (Sec. 2) This bill amends the Public Health Service Act, the Employee Retirement Income Security Act of 1974 (ERISA), and the Internal Revenue Code to exclude from the definition of "health insurance coverage" a stop-loss policy obtained by a self-insured health plan or a sponsor of a self-insured group health plan to reimburse the plan or sponsor for losses incurred in providing health benefits to plan participants in excess of a level set forth in the stop-loss policy.

AI Summary

This bill, titled the Self-Insurance Protection Act, amends the Public Health Service Act, the Employee Retirement Income Security Act of 1974 (ERISA), and the Internal Revenue Code to exclude from the definition of "health insurance coverage" a stop-loss policy obtained by a self-insured health plan or a sponsor of a self-insured group health plan. This stop-loss policy is used to reimburse the plan or sponsor for losses incurred in providing health benefits to plan participants that exceed a predetermined level set forth in the stop-loss policy.

Committee Categories

Business and Industry, Health and Social Services

Sponsors (8)

Last Action

Received in the Senate and Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (on 04/06/2017)

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