HB 0718 | Modifies existing law with respect to small employer and individual health insurance policies |
SCS/HS/HCS/HBs 718, 225, 876 & 838 - This act allows
taxpayers to deduct the amount paid for health insurance for the
taxpayer, his or her spouse, and dependents if the taxpayer is
self-employed and if the taxpayer is not eligible to participate
in a health plan subsidized by the employer of the taxpayer or
the taxpayer's spouse. The act also establishes the Advisory
Commission on Health Insurance Mandates to be composed of the
Director of the Department of Insurance, the Chairperson of the
Insurance Committee of the House of Representatives, and the
Chairperson of the Insurance and Housing Committee of the Senate.
The Commission is charged with studying the costs and benefits of
each health insurance benefit or offer mandated by Missouri law.
The act requires the Commission to report by January 1, 2000, the
results of its study to the Governor, the Speaker of the House of
Representatives, and the President Pro Tem of the Senate.
TOM MORTON