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S. 1298

BillFederalSenateIn Committee
Healthy Businesses, Healthy Workers Reinsurance Act of 2007
About This Bill
Committee
Latest Action · May 3, 2007
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S5594-5595)
Congress
110th (2007–2009)
Introduced
May 3, 2007
Cosponsors (1)
1D 0R
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Summary

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Healthy Businesses, Healthy Workers Reinsurance Act of 2007 - 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.

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