HOUSE 2243116th CongressReferred to the Subcommittee on Health.

Territory Health Insurance Tax Relief Act of 2019

Last Action: 4/11/2019

Actions

2019-04-11Referred to the Subcommittee on Health.
2019-04-10Referred to the Subcommittee on Health.
2019-04-10Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, 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.
2019-04-10Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, 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.
2019-04-10Introduced in House
2019-04-10Introduced in House

CRS Summary

As of 2019-04-10 (00)

Territory Health Insurance Tax Relief Act of 2019

This bill lowers the annual fee on health 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 2019 (i.e., there is no fee based on premiums from 2018).

Cosponsors (3)

Stacey Plaskett (D-VI)
Aumua Amata Radewagen (R-AS)
Michael San Nicolas (D-GU)

Subjects

American Samoa
Caribbean area
Government information and archives
Guam
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

Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.