summary
Introduced
09/12/2017
09/12/2017
In Committee
09/15/2017
09/15/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
115th Congress
Bill Summary
Medicare Buy-In and Health Care Stabilization Act of 2017
AI Summary
This bill, the Medicare Buy-In and Health Care Stabilization Act of 2017, proposes to:
1. Establish a new "Medicare Buy-In" option that allows individuals aged 50-64 who are not otherwise eligible for Medicare to enroll in Medicare Part A, B, and D coverage by paying a premium. This coverage would be offered through the ACA exchanges and would be eligible for premium tax credits and cost-sharing subsidies.
2. Require the Secretary of Health and Human Services to negotiate lower drug prices for Medicare Part D prescription drug plans on behalf of Medicare beneficiaries.
3. Create an "Individual Market Reinsurance Fund" to provide funding for state-based reinsurance programs in the individual health insurance market, which are intended to help stabilize premium costs.
4. Extend the ACA's risk corridor program, which provides financial stabilization for insurers, through 2020.
5. Increase the level of cost-sharing reductions available to low-income individual market enrollees under the ACA.
The bill aims to expand access to affordable health coverage options, particularly for older Americans not yet eligible for Medicare, while also implementing policies to help stabilize the individual insurance market.
Committee Categories
Business and Industry, Health and Social Services
Sponsors (51)
Brian Higgins (D)*,
Pete Aguilar (D),
Suzanne Bonamici (D),
Brendan Boyle (D),
André Carson (D),
David Cicilline (D),
Steve Cohen (D),
Joe Courtney (D),
Joseph Crowley (WFP),
John Delaney (D),
Rosa DeLauro (D),
Suzan DelBene (D),
Theodore Deutch (D),
Michael Doyle (D),
Elizabeth Esty (D),
Dwight Evans (D),
John Garamendi (D),
Denny Heck (D),
Jared Huffman (D),
Marcy Kaptur (D),
Bill Keating (D),
Ro Khanna (D),
Ruben Kihuen (D),
Dan Kildee (D),
Raja Krishnamoorthi (D),
John Larson (D),
Zoe Lofgren (D),
Alan Lowenthal (D),
Carolyn Maloney (D),
Sean Maloney (D),
Betty McCollum (D),
Donald McEachin (D),
Jim McGovern (D),
Grace Napolitano (D),
Eleanor Holmes Norton (D),
Beto O'Rourke (D),
Ed Perlmutter (D),
Collin Peterson (D),
Chellie Pingree (D),
Jared Polis (D),
David Price (D),
Mike Quigley (D),
Tim Ryan (D),
Adam Schiff (D),
Carol Shea-Porter (D),
Louise Slaughter (D),
Eric Swalwell (D),
Dina Titus (D),
Paul Tonko (D),
Debbie Wasserman Schultz (D),
Peter Welch (D),
Last Action
Referred to the Subcommittee on Health. (on 09/15/2017)
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/115th-congress/house-bill/3748/all-info |
| BillText | https://www.congress.gov/115/bills/hr3748/BILLS-115hr3748ih.pdf |
| Bill | https://www.congress.gov/115/bills/hr3748/BILLS-115hr3748ih.pdf.pdf |
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