An Act amending the act of May 17, 1921 (P.L.682, No.284), known as The Insurance Company Law of 1921, in preliminary provisions, providing for health care sharing ministries.

Summary

The bill amends Pennsylvania’s Insurance Company Law to state that health care sharing ministries are not insurance companies, health maintenance organizations, or health benefit plans, and therefore are not subject to insurance regulation or the jurisdiction of the Insurance Commissioner. It provides a specific definition of these ministries and requires them to give members monthly expense statements, undergo an annual independent audit, and include a disclaimer that they are not insurance. The measure would affect faith‑based nonprofit groups that share medical expenses among members.

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