HB 4146 Funding of Oregon Reinsurance Program

VOTE:YES – Died in Committee

Status (overview) of bill:https://olis.leg.state.or.us/liz/2018R1/Measures/Overview/HB4146#
Committee assigned to bill:https://olis.leg.state.or.us/liz/2018R1/Committees/HHC/Overview

 


This bill transfers $7M funds from tobacco settlement to support Oregon Reinsurance Program, and modifies assessment on various health services with increases in cigarette taxation.

Personal Choice and Responsibility
Designed to keep healthcare costs from increasing over passage of measure 101.

Fiscal Responsibility
Transfers $7M unexpended tobacco settlement funds to the Health System Fund to carry out the Oregon Reinsurance Program. Imposes a cigarette tax on retailers and distributors for benefit of the General Fund. Adjusts payments to CCOs for decrease in qualified clients due to an audit – deposits savings in Oregon Health Authority Fund. Fixes the maximum hospital, ambulatory surgical centers and ambulance services assessment rate at 6% eliminating double assessment on hospitals. Moneys deposited in the Hospital Quality Assurance Fund is distributed to CCOs based on services delivered, performance and strategy.

Limited Government
Oregon Reinsurance Program established a 1.5% assessment of the gross amount of premiums earned by insurers on health benefit plans effective January 1, 2018 for four years. Requires Authority to reconcile address list for resident individuals receiving medical assistance every six months and terminate those moving out of state.

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