Letting Insurance Benefit Everyone Regardless of Their Youth (LIBERTY) Act

Bill: 113-hr-544
Sponsor: full_name: Rep. Gingrey, Phil [R-GA-11]
Introduced: 2013-02-06
Policy area: Health
Subjects: Age discrimination

Aging

Health care costs and insurance

Insurance industry and regulation
Latest action: action_date: 2013-02-08
text: Referred to the Subcommittee on Health.

Summaries:
action_date: 2013-02-06
action_desc: Introduced in House
text: <p>Letting Insurance Benefit Everyone Regardless of Their Youth (LIBERTY) Act - Amends the Public Health Service Act to increase the permissible variation based on age for premium rates charged by a health insurance issuer for health insurance coverage offered in the individual or small group market from &quot;3 to 1&quot; for adults to &quot;5 to 1&quot; for adults, or such other ratio for adults as the state involved may provide. (The restrictions on premium variations enacted under the Patient Protection and Affordable Care Act apply to plan years beginning on or after January 1, 2014.)</p>

tv_txt: I 113th CONGRESS 1st Session H. R. 544 IN THE HOUSE OF REPRESENTATIVES February 6, 2013 Mr. Gingrey of Georgia (for himself, Mr. Matheson , Mr. Cassidy , Mr. Boustany , Mr. Walden , Mr. Jones , Mr. Rogers of Michigan , Mr. Roe of Tennessee , Mr. Hall , Mrs. Blackburn , Mr. Johnson of Ohio , Mr. Terry , and Mr. Rokita ) introduced the following bill; which was referred to the Committee on Energy and Commerce A BILL To amend title XXVII of the Public Health Service Act to change the permissible age variation in health insurance premium rates.

1. Short title This Act may be cited as the Letting Insurance Benefit Everyone Regardless of Their Youth (LIBERTY) Act . 2. Change in permissible age variation in health insurance premium rates (a) In general Section 2701(a)(1)(A)(iii) of the Public Health Service Act (42 U.S.C. 300gg(a)(1)(A)(iii)), as inserted by section 1201(4) of Public Law 111–148 , is amended by striking 3 to 1 for adults (consistent with section 2707(c)) and inserting 5 to 1 for adults (consistent with section 2707(c)) or such other ratio for adults (consistent with section 2707(c)) as the State involved may provide . (b) Effective date The amendment made by subsection (a) shall apply as if it was included in the enactment of Public Law 111–148 .