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Bill > S2366


US S2366

US S2366
Commonsense Reporting Act of 2019


summary

Introduced
07/31/2019
In Committee
07/31/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

A bill to streamline the employer reporting process and strengthen the eligibility verification process for the premium assistance tax credit and cost-sharing subsidy. This bill addresses the eligibility verification process for the premium assistance tax credit and cost-sharing subsidy under the Patient Protection and Affordable Care Act (PPACA). It requires the Department of the Treasury to develop and implement a reporting system that allows employers to voluntarily report information about their health plans for the current plan year prior to the beginning of open enrollment. The bill also allows electronic transmission of employee and enrollee statements and permits Treasury to accept full names and dates of birth in lieu of dependents' and spouses' Social Security numbers. The Government Accountability Office must evaluate (1) for the period beginning on January 1, 2015, and ending on December 31, 2018, the notification of employers by PPACA exchanges of the eligibility of employees for advance payments of the premium assistance tax credit or cost-sharing subsidies; and (2) for calendar year 2020, the functionality of the prospective reporting system established by this bill, including the accuracy of information collected.

AI Summary

This bill aims to streamline the employer reporting process and strengthen the eligibility verification process for the premium assistance tax credit and cost-sharing subsidy under the Patient Protection and Affordable Care Act (PPACA). It requires the Department of the Treasury to develop and implement a voluntary prospective reporting system that allows employers to report information about their health plans before the start of open enrollment. The bill also permits electronic transmission of employee and enrollee statements and allows the use of full names and dates of birth instead of Social Security numbers for dependents and spouses. Additionally, the Government Accountability Office must evaluate the notification of employers by PPACA exchanges regarding employee eligibility for the tax credit and subsidy, as well as the functionality of the prospective reporting system established by this bill.

Committee Categories

Budget and Finance

Sponsors (6)

Last Action

Read twice and referred to the Committee on Finance. (on 07/31/2019)

bill text


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