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H. Rept. 115-53,Part 1 1 (2017-03-20)

handle is hein.congrecreports/crptxaiqp0001 and id is 1 raw text is: AUTHENTICATED r U.S. GOVERNMENT INFORMATION 4 115TH CONGRESS REPT. 115-53 1st Session j HOUSE OF REPRESENTATIVES Part 1 SELF-INSURANCE PROTECTION ACT MARCH 20, 2017.-Ordered to be printed Ms. Foxx, from the Committee on Education and the Workforce, submitted the following REPORT together with MINORITY VIEWS [To accompany H.R. 1304] The Committee on Education and the Workforce, to whom was referred the bill (H.R. 1304) to amend the Employee Retirement In- come Security Act of 1974, the Public Health Service Act, and the Internal Revenue Code of 1986 to exclude from the definition of health insurance coverage certain medical stop-loss insurance ob- tained by certain plan sponsors of group health plans, having con- sidered the same, report favorably thereon with an amendment and recommend that the bill as amended do pass. The amendment is as follows: Strike all after the enacting clause and insert the following: SECTION 1. SHORT TITLE. This Act may be cited as the Self-Insurance Protection Act. SEC. 2. CERTAIN MEDICAL STOP-LOSS INSURANCE OBTAINED BY CERTAIN PLAN SPONSORS OF GROUP HEALTH PLANS NOT INCLUDED UNDER THE DEFINITION OF HEALTH INSURANCE COVERAGE. (a) ERISA.-Section 733(b)(1) of the Employee Retirement Income Security Act of 1974 (29 U.S.C. 1191b(b)(1)) is amended by adding at the end the following sen- tence: Such term shall not include a stop-loss policy obtained by a self-insured health plan or a plan sponsor of a group health plan that self-insures the health risks of its plan participants to reimburse the plan or sponsor for losses that the plan or sponsor incurs in providing health or medical benefits to such plan partici- pants in excess of a predetermined level set forth in the stop-loss policy obtained by such plan or sponsor.. (b) PHSA.-Section 2791(b)(1) of the Public Health Service Act (42 U.S.C. 300gg- 91(b)(1)) is amended by adding at the end the following new sentence: Such term shall not include a stop-loss policy obtained by a self-insured health plan or a plan sponsor of a group health plan that self-insures the health risks of its plan partici- pants to reimburse the plan or sponsor for losses that the plan or sponsor incurs 69-006