summary
Introduced
02/28/2019
02/28/2019
In Committee
04/04/2019
04/04/2019
Crossed Over
06/30/2020
06/30/2020
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
Patient Protection and Affordable Care Enhancement Act Patient Protection and Affordable Care Enhancement Act This bill establishes and provides funding for the Improve Health Insurance Affordability Fund. States must use allocated funds to (1) issue reinsurance payments to health insurers (i.e., reimbursements to protect insurers against exceedingly high claims) for individual health insurance coverage, or (2) provide other assistance to reduce out-of-pocket costs (e.g., copayments, coinsurance, and deductibles) for qualified health plans offered in the individual market through an exchange. Reinsurance payments using such funds may not be applied to (1) grandfathered health plans in place on March 23, 2010, (2) non-grandfathered transitional plans meeting specified requirements identified by the Centers for Medicare & Medicaid Services (CMS), or (3) student health insurance plans provided by institutions of higher education. The bill appropriates $10 billion per year for the fund, which the CMS must distribute to states in accordance with a specified methodology based on the estimated amount of reinsurance payments for individuals in a state during the given year, subject to specified deductions. Additionally, states must submit applications explaining how they will use such funds. In the event that a state does not submit an application, the bill directs the CMS to allocate the calculated funding amount to reinsurance programs in that state.
AI Summary
This bill establishes and provides funding for the Improve Health Insurance Affordability Fund. States must use allocated funds to provide reinsurance payments to health insurers or other assistance to reduce out-of-pocket costs for individual health insurance plans sold through an Exchange. The bill appropriates $10 billion per year for this fund, which the Centers for Medicare & Medicaid Services must distribute to states based on estimated reinsurance payments, subject to certain requirements. States must submit applications explaining how they will use the funds, and if a state does not apply, the funds will be allocated to reinsurance programs in that state.
Committee Categories
Business and Industry, Health and Social Services
Sponsors (62)
Angie Craig (D)*,
Colin Allred (D),
Nanette Barragán (D),
Ami Bera (D),
Lisa Blunt Rochester (D),
Anthony Brindisi (D),
Julia Brownley (D),
Cheri Bustos (D),
Salud Carbajal (D),
Tony Cárdenas (D),
Ed Case (D),
Gil Cisneros (D),
Yvette Clarke (D),
Gerry Connolly (D),
Jim Costa (D),
Sharice Davids (D),
Debbie Dingell (D),
Anna Eshoo (D),
Abby Finkenauer (D),
Jeff Fortenberry (R),
Denny Heck (D),
Katie Hill (D),
Jim Himes (D),
Robin Kelly (D),
Joseph Kennedy (D),
Derek Kilmer (D),
Ann Kirkpatrick (D),
Ann Kuster (D),
Rick Larsen (D),
Susie Lee (D),
Daniel Lipinski (D),
Zoe Lofgren (D),
Ben Ray Luján (D),
Elaine Luria (D),
Doris Matsui (D),
Ben McAdams (D),
Betty McCollum (D),
Gwen Moore (D),
Debbie Mucarsel-Powell (D),
Joe Neguse (D),
Frank Pallone (D),
Scott Peters (D),
Dean Phillips (D),
Jamie Raskin (D),
Kathleen Rice (D),
Max Rose (D),
Harley Rouda (D),
Raul Ruiz (D),
Bobby Rush (D),
Jan Schakowsky (D),
Adam Schiff (D),
Kurt Schrader (D),
Kim Schrier (D),
Abigail Spanberger (D),
Jackie Speier (D),
Haley Stevens (D),
Paul Tonko (D),
David Trone (D),
Lauren Underwood (D),
Jeff Van Drew (R),
Peter Welch (D),
Jennifer Wexton (D),
Last Action
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 523. (on 09/08/2020)
Official Document
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