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Key Votes

HB 2391 - Establishes a Tax on Oregon Health Plan Insurance Plans - Oregon Key Vote

Timeline

Issues Related to HB 2391

Stage Details

Legislation - Signed (Executive) -

Title: Establishes a Tax on Oregon Health Plan Insurance Plans

Legislation - Bill Passed (Senate) (20-10) - (Key vote)
See How Your Politicians Voted

Title: Establishes a Tax on Oregon Health Plan Insurance Plans

Vote Result
Yea Votes
Nay Votes
Vote Smart's Synopsis:

Vote to pass a bill that implements a tax to provide a revenue that preserves the Oregon Health Plan for an additional 2 years.

Highlights:
  • Establishes a 1.5% tax on the gross amount of premium payments received by the Public Employees’ Benefit Board each quarter (Sec. 3).
  • Requires insurers and managed care agencies to pay a 1.5% assessment on the gross amount of premiums earned from health benefit plans each quarter (Sec. 5).

  • Establishes a fine of $500 per day for each day an agency is late in paying the 1.5% assessment to the Department of Consumer and Business Services (Secs. 6 & 10).

  • Establishes the Oregon Reinsurance Program to stabilize insurance rates and premiums for individual health plans (Sec. 18).

Legislation - Bill Passed (House) (36-23) - (Key vote)
See How Your Politicians Voted

Title: Establishes a Tax on Oregon Health Plan Insurance Plans

Vote Result
Yea Votes
Nay Votes
Vote Smart's Synopsis:

Vote to pass a bill that implements a tax to provide a revenue that preserves the Oregon Health Plan for an additional 2 years.

Highlights:
  • Establishes a 1.5% tax on the gross amount of premium payments received by the Public Employees’ Benefit Board each quarter (Sec. 3).
  • Requires insurers and managed care agencies to pay a 1.5% assessment on the gross amount of premiums earned from health benefit plans each quarter (Sec. 5).

  • Establishes a fine of $500 per day for each day an agency is late in paying the 1.5% assessment to the Department of Consumer and Business Services (Secs. 6 & 10).

  • Establishes the Oregon Reinsurance Program to stabilize insurance rates and premiums for individual health plans (Sec. 18).

Legislation - Introduced (House) -

Title: Establishes a Tax on Oregon Health Plan Insurance Plans

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