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Medicare Buy-In and Health Care Stabilization Act of 2021

Introduced: April 28, 2021 See on congress.gov
 Everywhere this bill has been 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 29, 2021
Referred to the Subcommittee on Health.
Apr 28, 2021
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.
Apr 28, 2021
Referred to the Subcommittee on Health.
Apr 28, 2021
Referred to the Subcommittee on Social Security.
Apr 28, 2021
Introduced in House
 Plain-English summary Congressional Research Service

Medicare Buy-In and Health Care Stabilization Act of 2021

This bill establishes a Medicare buy-in option for certain qualifying individuals and makes a series of other changes relating to health care costs.

Specifically, the bill allows individuals aged 50 to 64 to enroll in Medicare if such individuals would otherwise qualify for Medicare at the age of 65. The Centers for Medicare & Medicaid Services (CMS) must determine enrollment periods and set premiums for the buy-in option established under the bill, in accordance with specified requirements. The CMS must also award grants to states and nonprofit organizations for outreach and enrollment activities relating to the buy-in option.

The bill also (1) establishes a supplemental option under Medicare to cover cost-sharing for beneficiaries; (2) repeals provisions that prohibit the CMS from negotiating the prices of prescription drugs; (3) establishes an individual market reinsurance program relating to coverage of high-cost individuals, as specified; and (4) makes permanent certain increases and expansions of the premium tax credit.

What's happening now April 29, 2021

Referred to the Subcommittee on Health.

 Committees of jurisdiction 5