A bill to exempt health insurance of residents of United States territories from the annual fee on health insurance providers.
Territory Health Insurance Tax Relief Act of 2017
This bill amends the Patient Protection and Affordable Care Act to exclude premiums paid by residents of U.S. territories from a health insurer's net premiums when calculating the annual fee on the health insurer, thereby lowering the fee for health insurers that collect such premiums. These premiums are still included in total health premiums when calculating the annual fee on health insurers, thus the total amount collected annually from health insurers is reduced.Referred to the Subcommittee on Health.
Introduced in Senate
Read twice and referred to the Committee on Finance.
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