State High Risk Pool Funding Extension Act of 2005

Summary

State High Risk Pool Funding Extension Act of 2005 - Amends the Public Health Service Act to reauthorize funds for states to create and operate existing high risk health insurance pools. Increases the maximum allowable premium charged under a qualified high risk pool to 200% of the premium for applicable standard risk rates for those states that use 50% of the grant amount to reduce premiums for enrollees. Defines "standard risk rate" as a rate that: (1) is determined under the state high risk pool by considering the premiums charged by other health insurers in the same market; (2) is established using reasonable actuarial techniques; and (3) reflects anticipated claims experience and expenses. Revises the definition of "qualified high risk pool" to allow a state to elect to meet the requirement to provide all eligible individuals with health insurance coverage by utilizing an acceptable alternative mechanism that includes a high risk pool as a component. Amends the formula for allocating funds to states to operate such pools to provide one-third of the funds to eligible states equally, one third based on the number of uninsured individuals in a state relative to all states, and one third based on the number of enrollees in a state's qualified high risk pool relative to all states. (Currently, all funds are allotted based solely on the number of uninsured individuals in the state.) Requires the Secretary of Health and Human Services to award grants to states with qualified high risk pools for the provision of supplemental consumer benefits.

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Documents

13 official files

• Engrossed Amendment Senate (text)

  Engrossed Amendment Senate · EN · 20 October 2005

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• Engrossed Amendment Senate (PDF)

  Engrossed Amendment Senate · EN · 20 October 2005

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• Passed Senate amended

  summary · EN · 19 October 2005

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• Placed on Calendar Senate (text)

  Placed on Calendar Senate · EN · 28 July 2005

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• Placed on Calendar Senate (PDF)

  Placed on Calendar Senate · EN · 28 July 2005

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• Engrossed in House (text)

  Engrossed in House · EN · 27 July 2005

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• Engrossed in House (PDF)

  Engrossed in House · EN · 27 July 2005

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• Reported in House (text)

  Reported in House · EN · 27 July 2005

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• Reported in House (PDF)

  Reported in House · EN · 27 July 2005

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• Passed House amended

  summary · EN · 27 July 2005

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• Introduced in House (text)

  Introduced in House · EN · 12 July 2005

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• Introduced in House (PDF)

  Introduced in House · EN · 12 July 2005

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• Introduced in House

  summary · EN · 12 July 2005

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