HR 4801
114th Congress
House
Health
Accounting and auditing
Business records
Congressional oversight
Government studies and investigations
Health care costs and insurance
Insurance industry and regulation
Medicare
Medical Loss Ratio Accountability Act of 2016
Introduced: March 17, 2016
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 30, 2016
Referred to the Subcommittee on Health.
Mar 18, 2016
Referred to the Subcommittee on Health.
Mar 17, 2016
Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Mar 17, 2016
Introduced in House
Plain-English summary
Medical Loss Ratio Accountability Act of 2016
This bill amends the Public Health Service Act to require the Department of Health and Human Services (HHS) to audit a statistically significant and representative selection of health insurers to verify that insurer reports on medical loss ratio are accurate.
This bill amends the Social Security Act to base determinations of the medical loss ratio of a Medicare Advantage plan on information from the HHS audit of the plan, if the plan was audited.
What's happening now
Referred to the Subcommittee on Health.
Committees of jurisdiction
4
Cosponsors
1