Ask AI
H.R. 724

Taxpayer Bailout Protection Act

Taxpayer Bailout Protection Act

This bill amends the Patient Protection and Affordable Care Act to require the Department of Health and Human Services (HHS) to ensure that payments to plans do not exceed payments to HHS under the risk corridors program (under which a qualified health plan is required to participate in a payment adjustment system based on the ratio of the allowable costs of the plan to the plan's aggregate premiums) for a plan year.

HHS must proportionately decrease payments to plans in order to ensure that this requirement is satisfied each year.

Referred to the Subcommittee on Health.

Rep. Lance, Leonard [R-NJ-7](R-NJ)Sponsor
2 cosponsors2 R
2cosponsors1committees4actions1related bills4subjects
  1. Committee

    Referred to the Subcommittee on Health.

    Health Subcommittee
  2. IntroReferralH11100

    Referred to the House Committee on Energy and Commerce.

    Energy and Commerce Committee
  3. IntroReferralIntro-H

    Introduced in House

  4. IntroReferral1000

    Introduced in House

Taxpayer Bailout Protection Act — Informed