summary
Introduced
03/12/2021
03/12/2021
In Committee
03/16/2021
03/16/2021
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
A BILL To amend the Patient Protection and Affordable Care Act to establish a health insurance affordability fund, and for other purposes.
AI Summary
This bill, titled the "State Health Care Premium Reduction Act of 2021," aims to establish a Health Insurance Affordability Fund to provide funding to the 50 states and the District of Columbia. The funds can be used by states for two main purposes: (1) to provide reinsurance payments to health insurance issuers to help reduce premiums for individual health insurance coverage, and (2) to provide assistance to reduce out-of-pocket costs, such as copayments, coinsurance, premiums, and deductibles, for individuals enrolled in qualified health plans on the individual market or in standard health plans through a basic health program. The bill also includes provisions for state eligibility and approval, a default federal safeguard, and the allocation of funds to states.
Committee Categories
Business and Industry, Health and Social Services
Sponsors (11)
Angie Craig (D)*,
Colin Allred (D),
Tony Cárdenas (D),
Jeff Fortenberry (R),
Derek Kilmer (D),
Betty McCollum (D),
Gwen Moore (D),
Scott Peters (D),
Jamie Raskin (D),
Kathleen Rice (D),
Lauren Underwood (D),
Last Action
Referred to the Subcommittee on Health. (on 03/16/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/117th-congress/house-bill/1878/all-info |
| BillText | https://www.congress.gov/117/bills/hr1878/BILLS-117hr1878ih.pdf |
| Bill | https://www.congress.gov/117/bills/hr1878/BILLS-117hr1878ih.pdf.pdf |
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