Small Business Health Insurance Assistance Act of 1992

Small Business Health Insurance Assistance Act of 1992 - Amends the Small Business Act to establish the Small Business Health Insurance Advisory Council to: (1) make recommendations on activities carried out by the Administrator of the Small Business Administration to promote the procurement of adequate health insurance by owners and employees of small business concerns; (2) review and approve grant applications and review reports to the Congress; and (3) review and approve the quality of health insurance information and the training program for staff members of health information, counseling, and technical assistance programs established by this Act.

Authorizes the Administrator to make grants to assist in the establishment by small business development centers of programs to provide owners and employees of small business concerns and associations with information, counseling, and technical assistance relating to the procurement of adequate health insurance. Sets forth grant eligibility and program requirements.

Directs the Administrator to conduct (at least annually) a program to provide training and information to staff members of such programs and to provide technical assistance to such centers for the development of programs. Conditions the awarding of grants on annual evaluation and fiscal reports by applicants.

Requires the Comptroller General to report annually to specififed congressional committees on expenditures of grants by applicants. Directs the Comptroller General to report to the Congress on activities under this Act to ensure that: (1) all health insurance information provided is unbiased and accurate; (2) the special interests of any insurance agency or other business are not promoted over those of any other agency or business; and (3) each individual carrying out responsibilities under a program which involves the provision of health insurance information does not have conflicts of interests which affect such responsibilities.

Requires the Administrator to submit specified reports to the Congress on issues concerning small business health insurance.

Directs the Associate Administrator for Small Business Development Centers to maintain information relating to health insurance available to small business concerns as part of a clearinghouse.

Authorizes appropriations.