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US HR2995

US HR2995
Unnecessary Cap Act of 2013


summary

Introduced
08/02/2013
In Committee
08/02/2013
Crossed Over
Passed
Dead
01/03/2015

Introduced Session

113th Congress

Bill Summary

Unnecessary Cap Act of 2013 - Amends the Patient Protection and Affordable Care Act (ACA) to repeal the annual limitation on deductibles under the essential health benefits of employer-sponsored qualified health plans of: (1) $2,000 in the case of a plan covering a single individual, and (2) $4,000 in the case of any other plan.

AI Summary

This bill, titled the Unnecessary Cap Act of 2013, proposes to amend the Patient Protection and Affordable Care Act (ACA), a landmark healthcare reform law, by removing specific limitations on the deductibles that can be applied to employer-sponsored qualified health plans. Currently, the ACA sets annual deductible caps at $2,000 for individuals and $4,000 for families; this bill seeks to eliminate these caps, meaning employers would no longer be restricted by law on how high they can set the deductible amounts for their employees' health insurance plans.

Committee Categories

Business and Industry

Sponsors (7)

Last Action

Referred to the Subcommittee on Health. (on 08/02/2013)

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