Self-Insurance Protection Act

Bill: 118-hr-2813
Sponsor: Rep. Good, Bob [R-VA-5]
Introduced: 2023-04-25 in the House
Policy area: Health
Subjects: Employee benefits and pensions
Health care costs and insurance

Summary:
action_date: 2023-04-25
text: 

Self-Insurance Protection Act

 
This bill specifies that stop-loss coverage is not health insurance coverage for purposes of regulation under the Employee Retirement Income Security Act of 1974, the Public Health Service Act, and the Internal Revenue Code of 1986.
 
Stop-loss policies are generally obtained by self-insured health plans or sponsors of self-insured group health plans 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.
 
The bill also preempts state laws that prevent employers from obtaining stop-loss coverage.

action_date: 2023-06-20
text: 

Self-Insurance Protection Act

 
This bill specifies that stop-loss coverage is not health insurance coverage for purposes of regulation under the Employee Retirement Income Security Act of 1974.
 
Stop-loss policies are generally obtained by self-insured health plans or sponsors of self-insured group health plans 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.
 
The bill also preempts state laws that prevent employers from obtaining stop-loss coverage.


Legislative actions:
action_date: 2024-12-17
text: Referred to the Subcommittee on Health.
action_date: 2023-06-20
text: Placed on the Union Calendar, Calendar No. 88.
action_date: 2023-06-20
text: Committee on Ways and Means discharged.
action_date: 2023-06-20
text: Committee on Ways and Means discharged.
action_date: 2023-06-20
text: Committee on Energy and Commerce discharged.
action_date: 2023-06-20
text: Committee on Energy and Commerce discharged.
action_date: 2023-06-20
text: Reported (Amended) by the Committee on Education and the Workforce. H. Rept. 118-114, Part I.
action_date: 2023-06-20
text: Reported (Amended) by the Committee on Education and the Workforce. H. Rept. 118-114, Part I.
action_date: 2023-06-06
text: Ordered to be Reported (Amended) by the Yeas and Nays: 24 - 18.
action_date: 2023-06-06
text: Committee Consideration and Mark-up Session Held.
action_date: 2023-04-28
text: Referred to the Subcommittee on Health.
action_date: 2023-04-25
text: Referred to the Committee on Education and the Workforce, and in addition to the Committees on Energy and Commerce, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2023-04-25
text: Referred to the Committee on Education and the Workforce, and in addition to the Committees on Energy and Commerce, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2023-04-25
text: Referred to the Committee on Education and the Workforce, and in addition to the Committees on Energy and Commerce, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2023-04-25
text: Introduced in House
action_date: 2023-04-25
text: Introduced in House