To amend section 1341 of the Patient Protection and Affordable Care Act to repeal the funding mechanism for the transitional reinsurance program in the individual market, and for other purposes.
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Apr 16, 2015)
This bill amends the Patient Protection and Affordable Care Act to eliminate the funding mechanism for the transitional reinsurance program. Currently, issuers of individual, group, and self-funded plans are required to pay a fee in 2014, 2015, and 2016 to fund the three-year transitional reinsurance program. Under the transitional reinsurance program, non-grandfathered individual market plans that enroll high-cost individuals are eligible for reinsurance payments. This bill eliminates the requirement for issuers to pay a fee in 2015 and 2016. Instead, it authorizes appropriations for the program.
This bill also requires the Government Accountability Office to audit 2014 expenditures under the transitional reinsurance program.
What just happenedApr 17, 2015
Referred to the Subcommittee on Health.
Who’s behind it
- Introduced in HouseApr 16, 2015
- Apr 17, 2015Committee
Referred to the Subcommittee on Health.
Health Subcommittee - Apr 16, 2015IntroReferralH11100
Referred to the House Committee on Energy and Commerce.
Energy and Commerce Committee - Apr 16, 2015IntroReferralIntro-H
Introduced in House
- Apr 16, 2015IntroReferral1000
Introduced in House