Relating to increasing access to health care; appropriating money; prescribing an effective date.
Catchline/Summary:
Creates Health Insurance Exchange Corporation for purpose of providing greater choice of, greater access to, greater portability of and better quality health insurance products. Creates Health Insurance Exchange Corporation to act as central forum for individuals and businesses to purchase affordable health care and to work with insurers and medical providers to develop health insurance benefit packages that manage care, quality and cost] for purpose of providing greater choice of, greater access to, greater portability of and better quality health insurance products. Specifies requirements for board of directors and powers and duties of corporation. Authorizes board to impose fees or charges. Establishes Health Insurance Exchange Account.
Requires Department of Human Services to seek federal approval to increase income limit for Oregon Health Plan and Family Health Insurance Assistance Program coverage of children under age 19 to 200 percent of federal poverty guidelines] allow Oregon residents with incomes at or below 200 percent of federal poverty guidelines to enroll in Oregon Health Plan and Oregon residents with incomes at or below 300 percent of federal poverty guidelines to enroll in Family Health Insurance Assistance Program. Specifies limits on cost-sharing. Provides subsidy for children with incomes up to] individuals whose family income is at or below 300 percent of federal poverty guidelines. Permits higher income children to buy into program.]
Raises limit for Oregon Health Plan coverage for adults to 200 percent of federal poverty guidelines effective January 1, 2008, subject to federal approval.
Establishes payroll tax and net earnings from self-employment tax. Continuously appropriates moneys to Department of Revenue to cover expenses of administration of taxes. Establishes income and corporate excise tax credit for health benefit plan coverage premium costs incurred by employers in providing health benefit coverage to employees and dependents. Limits amount of credit.
Denies personal exemption credit on Oregon income tax to individual without health insurance coverage defined by corporation.
Requires Administrator of Office for Oregon Health Policy and Research to collaborate with Oregon Health Research and Evaluation Collaborative and others to develop five-year plan to evaluate implementation and initial outcomes from changes made in Act. Requires administrator to develop model for quality institute with specified functions.
Authorizes Department of Human Services to require prior authorization of drugs on Practitioner-Managed Prescription Drug Plan.
Appropriates moneys to Health Insurance Exchange Corporation.
Takes effect on 91st day following adjournment sine die.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
Revenue Impact:
May Have Revenue Impact, But No Statement Yet Issued
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