Catastrophic Health Insurance and Medical Assistance Reform Act

[AI summary unavailable — showing source text] Catastrophic Health Insurance and Medical Assistance Reform Act - Title I: Catastrophic Illness Insurance - Establishes a Catastrophic Health Insurance Program under the Social Security Act. Sets forth the eligibility criteria for individuals. Provides that every individual who: (1) is a resident of the United States; and (2) is a citizen of, or a lawfully admitted alien in the United States shall be entitled to catastrophic health insurance benefits provided by this Act in cases where he is not covered by an approved employer plan. Delimits the scope of benefits, including hospital and related insurance benefits (hospital, post-hospital, and home health services) and medical and other health benefits. Sets forth the terms and conditions governing payment of benefits and deductibles. Stipulates that in determining the amount of expenses incurred by an individual for medical and other health services in any calendar year, all amounts in excess of $500 incurred in connection with the treatment of mental, psychoneurotic or personality disorders of such individual, shall be disregarded. Provides for a general deductible from: (1) the reasonable costs of inpatient hospital services past…