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. Entitles 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 to catastrophic health insurance benefits provided by this Act in cases where the individual is not covered by an 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 services. Provides for a general deductible from: (1) the reasonable costs of inpatient hospital services past 60 days; and (2) inpatient hospital benefits of the higher of the following: (A) $2,000; or (B) $2,000 adjusted by the Consumer Price Index to reflect changes in fees for physician services (in $100 increments). Permits payments for specified mental health care services. Requires the Secretary of Health, Education, and Welfare to promulgate regulations prescribing standards designed to assure that servic…