Bill > S352

This bill, the Health Care Improvement Act of 2021, aims to reduce health care costs and expand health care coverage to more Americans. Key provisions include: - Expanding premium assistance for consumers through changes to the Affordable Care Act's premium tax credits. - Fixing the "family glitch" to make employer-sponsored coverage more affordable for families. - Establishing a State Health Insurance Affordability and Innovation Fund to provide grants to states for reinsurance programs, premium assistance, and enrollment outreach. - Incentivizing Medicaid expansion by increasing the federal matching rate for states that have not yet expanded Medicaid. - Establishing a new public health care option to be offered on the individual insurance exchanges. - Ensuring fair Medicare payments to rural health providers by setting a minimum area wage index floor. - Allowing small businesses to purchase health insurance across state lines. - Empowering Medicare beneficiaries to negotiate prescription drug prices. - Creating a voluntary prospective reporting system for employers to provide information about their health plans to facilitate eligibility determinations for premium tax credits and cost-sharing subsidies.

Budget and Finance

https://www.congress.gov/bill/117th-congress/senate-bill/352/all-info