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Territory Health Insurance Tax Relief Act of 2019

USA116th CongressS-19| Senate 
| Updated: 1/3/2019
Marco Rubio

Marco Rubio

Republican Senator

Florida

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Territory Health Insurance Tax Relief Act of 2019 This bill lowers the annual fee on health insurers, specifically for those insurers that collect premiums from residents in U.S. territories. The annual fee for a health insurer is currently calculated based on the insurer's share of total premiums from the preceding calendar year. The bill excludes premiums paid by residents of U.S. territories from a health insurer's net premiums, but still includes the premiums of such residents in the determination of total premiums from the preceding year, thereby lowering the fee for these insurers. Under current law, the fee is suspended for calendar 2019 (i.e., there is no fee based on premiums from calendar 2018).
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Timeline
Jan 3, 2019
Introduced in Senate
Jan 3, 2019
Read twice and referred to the Committee on Finance.
Apr 11, 2019

Latest Companion Bill Action

HR 116-2243
Referred to the Subcommittee on Health.
  • January 3, 2019
    Introduced in Senate


  • January 3, 2019
    Read twice and referred to the Committee on Finance.


  • April 11, 2019

    Latest Companion Bill Action

    HR 116-2243
    Referred to the Subcommittee on Health.

Health

Related Bills

  • HR 116-2243: Territory Health Insurance Tax Relief Act of 2019
American SamoaCaribbean areaGovernment information and archivesGuamHealth care costs and insuranceHealth care coverage and accessInsurance industry and regulationNorthern Mariana IslandsPuerto RicoUser charges and feesU.S. territories and protectoratesVirgin Islands

Territory Health Insurance Tax Relief Act of 2019

USA116th CongressS-19| Senate 
| Updated: 1/3/2019
Territory Health Insurance Tax Relief Act of 2019 This bill lowers the annual fee on health insurers, specifically for those insurers that collect premiums from residents in U.S. territories. The annual fee for a health insurer is currently calculated based on the insurer's share of total premiums from the preceding calendar year. The bill excludes premiums paid by residents of U.S. territories from a health insurer's net premiums, but still includes the premiums of such residents in the determination of total premiums from the preceding year, thereby lowering the fee for these insurers. Under current law, the fee is suspended for calendar 2019 (i.e., there is no fee based on premiums from calendar 2018).
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jan 3, 2019
Introduced in Senate
Jan 3, 2019
Read twice and referred to the Committee on Finance.
Apr 11, 2019

Latest Companion Bill Action

HR 116-2243
Referred to the Subcommittee on Health.
  • January 3, 2019
    Introduced in Senate


  • January 3, 2019
    Read twice and referred to the Committee on Finance.


  • April 11, 2019

    Latest Companion Bill Action

    HR 116-2243
    Referred to the Subcommittee on Health.
Marco Rubio

Marco Rubio

Republican Senator

Florida

Finance Committee

Health

Related Bills

  • HR 116-2243: Territory Health Insurance Tax Relief Act of 2019
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
American SamoaCaribbean areaGovernment information and archivesGuamHealth care costs and insuranceHealth care coverage and accessInsurance industry and regulationNorthern Mariana IslandsPuerto RicoUser charges and feesU.S. territories and protectoratesVirgin Islands