H.R. 3462 · 113th Congress
Self-Insurance Protection Act
- Stage
- In committee
- Sponsor
- Bill Cassidy
- Introduced
- 2013-11-13
- Latest action
- 2014-01-22 · Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
Summary
Self-Insurance Protection Act - Amends the Public Health Service Act, the Employee Retirement Income Security Act of 1974 (ERISA), and the Internal Revenue Code to exclude from the definition of "health insurance coverage" a stop loss policy obtained by a self-insured health plan or a plan sponsor of a group health plan that self-insures the health risks of its plan participants to reimburse the plan or sponsor for losses incurred in providing health or medical benefits to such plan participants in excess of a predetermined level set forth in the stop loss policy.