HR 6518
116th Congress
House
Health
Health care costs and insurance
Insurance industry and regulation
Stop Health Premium Spikes Act of 2020
Introduced: April 17, 2020
Introduced by:
Peters, Scott H.
Democratic
· California
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 17, 2020
Referred to the House Committee on Energy and Commerce.
Apr 17, 2020
Introduced in House
Plain-English summary
Stop Health Premium Spikes Act of 2020
This bill establishes a temporary risk corridor program to reimburse health insurers for medical costs that are greater than expected. Specifically, the program requires the Department of Health and Human Services to pay insurers 75% of the cost of providing benefits under a plan that exceeds 105% of the total annual premiums for the plan, reduced by administrative expenses. The program applies to plan years 2020 and 2021.
What's happening now
Referred to the House Committee on Energy and Commerce.
Committees of jurisdiction
1