Catastrophic Health Coverage Promotion Act
Latest action · Apr 24, 2007 Read twice and referred to the Committee on Finance.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedApr 24, 2007
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Catastrophic Health Coverage Promotion Act - Requires the Secretary of Health and Human Services to establish demonstration projects to provide health care coverage to individuals who: (1) are not eligible for Medicaid or Medicare benefits and have exceeded $10,500 in out-of-pocket health care costs in a year or an adjusted amount based on the average out-of-pocket costs of individuals with catastrophic illnesses in a state for the year; or (2) were receiving Medicare or Medicaid benefits but who have exhausted their eligibility and any additional private health insurance coverage. Directs the Secretary, in designing such demonstration projects, to use: (1) state risk pools; (2) reinsurance mechanisms for small businesses; (3) public or private arrangements for the provision of affordable health insurance coverage to cover catastrophic health care expenses; and (4) any combination of such arrangements.
Requires the Secretary to establish demonstration projects to provide health insurance coverage for catastrophic health benefits to individuals who do not have health insurance coverage. Directs the Secretary, in designing such demonstration projects, to: (1) use a catastrophic health insurance product administered by private health insurance plans with a deductible indexed to income level or an adjusted deductible amount based on average out-of-pocket costs; and (2) subsidize such catastrophic coverage and allow subsidies on a sliding scale to offer an affordable product for individuals earning below 200% of the federal poverty level.
Establishes evaluation requirements for the projects.
Cosponsors 1
Members who signed on, in the order they did. All signed on Apr 24, 2007.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-OR | Ron Wyden | Original | Apr 24, 2007 |
Actions 2
Everything that happened, newest first.
- Apr 24, 2007Introduced in Senate
- Apr 24, 2007Read twice and referred to the Committee on Finance.
Subjects
Assigned by the Library of Congress. Policy area: Health.
Text 1
Each version as it was printed, newest first.
- Apr 24, 2007Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.