S 359
114th Congress
Senate
Health
Comprehensive health care
Health care costs and insurance
Health care coverage and access
Insurance industry and regulation
Taxpayer Bailout Protection Act
Introduced: February 4, 2015
Introduced by:
Cassidy, Bill
Republican
· Louisiana
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 4, 2015
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Feb 4, 2015
Introduced in Senate
Plain-English summary
Taxpayer Bailout Protection Act
This bill amends the Patient Protection and Affordable Care Act to require the Department of Health and Human Services (HHS) to ensure that payments to plans do not exceed payments to HHS under the risk corridors program (under which a qualified health plan is required to participate in a payment adjustment system based on the ratio of the allowable costs of the plan to the plan's aggregate premiums) for a plan year.
HHS must proportionately decrease payments to plans in order to ensure that this requirement is satisfied each year.
What's happening now
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Committees of jurisdiction
1