Health Insurance Reform Act of 1991

Summary

Health Insurance Reform Act of 1991 - Amends the Internal Revenue Code to impose an excise tax on insurance companies which do not meet mandatory policy and guaranteed issuance requirements and specific contractual requirements concerning coverage with respect to accident and health insurance. Imposes an excise tax on each accident and health insurance contract, self-insured plan, and health maintenance organization to generate revenues for a stop-loss pool. Establishes the Health Reinsurance Trust Fund consisting of the excise taxes imposed by this Act. Makes such Fund available: (1) to reimburse a plan for core benefits for any individual after $25,000 has been expended on such individual; and (2) for administrative expenses incurred by such Fund.

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Documents

2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 29 April 1991

  Open at official source

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