HR 4669
117th Congress
House
Health
Capping Costs for Consumers Act of 2021
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 23, 2021
Referred to the Subcommittee on Health.
Jul 22, 2021
Referred to the Subcommittee on Health.
Jul 22, 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.
Jul 22, 2021
Introduced in House
Plain-English summary
Capping Costs for Consumers Act of 2021
This bill expands and provides funding for assistance to certain individuals who enroll in plans through health insurance exchanges.
Specifically, it increases the premium assistance tax credit by revising, from the second-lowest cost silver plan to the second-lowest cost gold plan, the benchmark plan on which the credit amount is based. The bill also requires individuals to enroll in a gold plan to be eligible for cost-sharing reductions and it extends the reductions to individuals with a higher maximum household income.
These changes apply to plan and tax years beginning on or after January 1, 2023.
What's happening now
Referred to the Subcommittee on Health.
Committees of jurisdiction
4
Cosponsors
1