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HR 3851 113th Congress House Health Comprehensive health care Health care costs and insurance Health care coverage and access Health programs administration and funding Insurance industry and regulation

No Bailouts for Insurance Industry Act of 2014

Introduced: January 10, 2014 See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 17, 2014
Referred to the Subcommittee on Health.
Jan 10, 2014
Referred to the House Committee on Energy and Commerce.
Jan 10, 2014
Introduced in House
 Plain-English summary Congressional Research Service

No Bailouts for Insurance Industry Act of 2014 - Repeals requirements under the Patient Protection and Affordable Care Act for: (1) a transitional reinsurance program for the individual health insurance market in each state, and (2) a program of risk corridors for calendar years 2014-2016 under which a qualified health plan offered in the individual or small group market shall participate in a payment adjustment system based on the ratio of the allowable costs of the plan to the plan's aggregate premiums.

Applies the repeal of the transitional reinsurance program to plan years beginning after enactment of this Act and provides rules for applying the provision before such date.

Applies the repeal of the risk corridors program to calendar years beginning after enactment of this Act.

What's happening now January 17, 2014

Referred to the Subcommittee on Health.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Republican 1