Bill > S4684

This bill, the Bridge to Medicaid Act of 2024, aims to ensure affordable health insurance coverage for low-income individuals in states that have not expanded Medicaid. The key provisions include: 1. Reducing cost-sharing under qualified health plans for individuals with household incomes up to 400% of the federal poverty level in 2026-2028, and treating individuals with incomes up to 138% of the poverty level as having 100% of the poverty level for cost-sharing reduction purposes in 2025. 2. Establishing special open enrollment periods for individuals with household incomes up to 138% of the poverty level who are not eligible for minimum essential coverage. 3. Providing additional benefits, such as non-emergency medical transportation and certain Medicaid-covered services, for individuals with incomes up to 138% of the poverty level in 2027 and 2028 who are eligible for cost-sharing reductions. 4. Increasing funding for outreach and educational activities to inform individuals in non-expansion states about qualified health plan coverage and financial assistance. 5. Temporarily expanding eligibility for and reducing recapture of premium tax credits for certain low-income individuals in 2026-2028. 6. Further increasing the federal medical assistance percentage (FMAP) for medical assistance to newly eligible Medicaid populations in 2026-2028.

Budget and Finance

https://www.congress.gov/bill/118th-congress/senate-bill/4684/all-info