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S 2500 114th Congress Senate Health Health care costs and insurance Health care coverage and access Health care quality Health programs administration and funding Insurance industry and regulation

Health Care Premium Reduction Act

Introduced: February 4, 2016 Introduced by: Bennet, Michael F. Democratic · Colorado See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 4, 2016
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Feb 4, 2016
Introduced in Senate
 Plain-English summary Congressional Research Service

Health Care Premium Reduction Act

This bill amends the Patient Protection and Affordable Care Act to require the Department of Health and Human Services to award grants to states to support the purchase of private health insurance by consumers and to stabilize health insurance premiums. Priority is given to states with the highest health insurance premiums and such states may be provided bonus payments.

States must use grants to:

  • reduce health insurance premiums through activities such as cost-sharing programs to reduce deductibles and out-of-pocket expenses;
  • increase the number of individuals with health insurance;
  • review premium rates to determine unreasonable premium increases and facilitate reduction of such rates; and
  • address health insurance affordability, quality, and accessibility through a waiver of health coverage requirements.
What's happening now February 4, 2016

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

 Committees of jurisdiction 1