A bill to establish a board of directors and CEO to oversee the Federal Exchange and State Exchanges, and to provide health insurance oversight.
Amends the Patient Protection and Affordable Care Act to establish the Marketplace Health Insurance Corporation, with a Chief Executive Officer (CEO) and Board of Directors, to oversee health care exchanges and health insurance.
Directs the President, with the consent of the Senate, to appoint as CEO an individual with a background in health care issues and private-sector management experience.
Requires the Board of Directors to advise the CEO on issues including: (1) the functionality of healthcare.gov, (2) the selection of federal exchange health plans, (3) ensuring the accuracy of premium subsidies, and (4) the transition from a state exchange to the federal exchange.
Requires the Board of Directors to establish a technical advisory committee to assist the Board of Directors and CEO in carrying out their duties.Read twice and referred to the Committee on Health, Education, Labor, and Pensions.