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SENATE 476115th CongressRead twice and referred to the Committee on Finance.

Territory Health Insurance Tax Relief Act of 2017

Last Action
2/28/2017

Actions

  • 2017-02-28Read twice and referred to the Committee on Finance.
  • 2017-02-28Introduced in Senate

CRS Summary

As of 2017-02-28 (00)

Territory Health Insurance Tax Relief Act of 2017

This bill amends the Patient Protection and Affordable Care Act to exclude premiums paid by residents of U.S. territories from a health insurer's net premiums when calculating the annual fee on the health insurer, thereby lowering the fee for health insurers that collect such premiums. These premiums are still included in total health premiums when calculating the annual fee on health insurers, thus the total amount collected annually from health insurers is reduced.

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.