HB 1154 Summary

• Excludes from individual adjusted gross income any amounts received from a health care sharing ministry, its participants, or employers of participants on behalf of health care sharing ministry participants, effective January 1, 2012.

• Provides employers an adjusted gross income tax deduction for payments made on behalf of employees who are health care sharing ministry participants, effective January 1, 2012.

• Defines "health care sharing ministry" as a nonprofit, tax-exempt organization comprised of members with shared religious beliefs that facilitates voluntary financial/medical assistance among participants without assuming risk or promising payment.

• Exempts health care sharing ministries from state insurance law requirements and mandates they provide written monthly statements to participants detailing qualified needs and contribution amounts.

• Requires health care sharing ministries to include a written notice stating participation is not insurance and voluntary, and participants remain personally responsible for medical bills.