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United States · Bill · S

S. 1372 (99th)

Health Insurance Availability Act of 1985

openUnited States· United States Congress· EN

Introduced

27 June 1985

Last action

Status

Committee on Finance requested executive comment from OMB, Treasury Department, Health and Human Services Department.

Sponsors

Subjects

Discovery layer

Source updated

29 August 2025

Summary

Health Insurance Availability Act of 1985 - Amends the Internal Revenue Code to impose a ten percent excise tax on the amount of employee health expenses paid or incurred by a large employer who is not a member of a qualified State pooling association. Defines a "qualified pooling association" as an organization which: (1) is a nonprofit corporation established pursuant to and regulated by State law; (2) has specified types of insurers and other health financing entities as participating members; (3) makes available specified levels of health insurance to all residents of the State not eligible for Medicare; (4) charges a specified pool premium rate; and (5) assesses losses of the pool equitably among all participating members.

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Documents

1 official file

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Sources

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