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Senate Committee on FinanceIntroducedJanuary 6th, 2009
HealthBill Details
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Title
Healthy Businesses, Healthy Workers Reinsurance Act of 2009
Official Title
A bill to amend the Social Security Act to establish a Federal Reinsurance Program for Catastrophic Health Care Costs.
Summary
Healthy Businesses, Healthy Workers Reinsurance Act of 2009 - Amends the Social Security Act to add a new title XXII (Federal Reinsurance Program for Catastrophic Health Care Costs).
Establishes within the Department of Health and Human Services an Office of Federal Reinsurance, which shall in turn establish a Federal Reinsurance Program for Catastrophic Health Care Costs to make reinsurance payments to eligible health plans experiencing catastrophic health care costs during a year with respect to a covered individual.
Establishes in the Treasury the Federal Reinsurance for Catastrophic Health Care Costs Trust Fund.