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US HR5291

US HR5291
Fair Indexing for Health Care Affordability Act


summary

Introduced
12/03/2019
In Committee
12/04/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

A BILL To amend the Patient Protection and Affordable Care Act to require the Secretary of Health and Human Services to set forth a method of determining annual updates to premium tax credit eligibility and maximum out-of-pocket limits. 1

AI Summary

This bill, the Fair Indexing for Health Care Affordability Act, amends the Patient Protection and Affordable Care Act (ACA) to require the Secretary of Health and Human Services to set forth a method for determining annual updates to premium tax credit eligibility and maximum out-of-pocket limits. Specifically, it changes the way the "premium adjustment percentage" is calculated, which is used to determine annual updates to these ACA provisions. The bill requires the Secretary to base the premium adjustment percentage on estimates and projections of the percentage change in the average per enrollee premium for eligible employer-sponsored health plans, as published in the National Health Expenditure Accounts.

Committee Categories

Business and Industry, Health and Social Services

Sponsors (3)

Last Action

Referred to the Subcommittee on Health. (on 12/04/2019)

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