US SB19 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 3 2019 - 25% progression, died in committee
Action: 2019-01-03 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 3 2019 - 25% progression, died in committee
Action: 2019-01-03 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Lowers the annual fee on health insurers, specifically for those insurers that collect premiums from residents in U.S. territories. The annual fee for a health insurer is currently calculated based on the insurer's share of total premiums from the preceding calendar year. The bill excludes premiums paid by residents of U.S. territories from a health insurer's net premiums, but still includes the premiums of such residents in the determination of total premiums from the preceding year, thereby lowering the fee for these insurers. Under current law, the fee is suspended for calendar 2019 (i.e., there is no fee based on premiums from calendar 2018).
Title
Territory Health Insurance Tax Relief Act of 2019
Sponsors
Sen. Marco Rubio [R-FL] |
History
Date | Chamber | Action |
---|---|---|
2019-01-03 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB2243 (Same As) 2019-04-11 - Referred to the Subcommittee on Health.
Subjects
American Samoa
Caribbean area
Government information and archives
Guam
Health
Health care costs and insurance
Health care coverage and access
Insurance industry and regulation
Northern Mariana Islands
Puerto Rico
U.S. territories and protectorates
User charges and fees
Virgin Islands
Caribbean area
Government information and archives
Guam
Health
Health care costs and insurance
Health care coverage and access
Insurance industry and regulation
Northern Mariana Islands
Puerto Rico
U.S. territories and protectorates
User charges and fees
Virgin Islands
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/senate-bill/19/all-info |
Text | https://www.congress.gov/116/bills/s19/BILLS-116s19is.pdf |