Puerto Rico Health Insurance Fairness Act of 2016

Bill: 114-hr-6027
Sponsor: full_name: Rep. Murphy, Patrick [D-FL-18]
Introduced: 2016-09-14
Policy area: Health
Latest action: action_date: 2016-09-20
text: Referred to the Subcommittee on Health.

Summaries:
action_date: 2016-09-14
action_desc: Introduced in House
text: <p><b>Puerto Rico Health Insurance Fairness Act of 2016</b></p> This bill amends the Patient Protection and Affordable Care Act to exempt health insurers in jurisdictions where premium subsidies and cost-sharing reductions are not available from the annual fee on health insurers. Currently, premium subsidies and cost-sharing reductions are not available in U.S. territories. The bill reduces the total amount to be collected annually from health insurers by the amount that would have been collected from those jurisdictions.

tv_txt: I 114th CONGRESS 2d Session H. R. 6027 IN THE HOUSE OF REPRESENTATIVES September 14, 2016 Mr. Murphy of Florida (for himself and Mr. Pierluisi ) introduced the following bill; which was referred to the Committee on Ways and Means , and in addition to the Committee on Energy and Commerce , 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 A BILL To amend section 9010 of the Patient Protection and Affordable Care Act to provide health insurance fairness for Puerto Rico.

1. Short title This Act may be cited as the Puerto Rico Health Insurance Fairness Act of 2016 . 2. Health insurance tax covered entities (a) Exclusions from covered entity definition Section 9010(c)(2) of the Patient Protection and Affordable Care Act ( Public Law 111–148 ) is amended— (1) in subparagraph (D), by striking the period at the end and inserting , or ; and (2) by adding at the end the following new subparagraph: (E) notwithstanding subsection (h), beginning in 2018, any entity within a jurisdiction that is not receiving premium tax credits and cost-sharing reductions under sections 1401 and 1402 of this Act. . (b) Corresponding reduction in collections Section 9010(e) of the Patient Protection and Affordable Care Act ( Public Law 111–148 ) is amended— (1) by redesignating paragraph (2) as paragraph (3); and (2) by adding after paragraph (1) the following: (2) Adjustments to applicable amount Beginning in 2018, the Secretary shall reduce the applicable amount by a figure equal to the fees that otherwise would have been collected from entities within any jurisdiction that is not receiving premium tax credits and cost-sharing reductions under sections 1401 and 1402 of this Act. . (c) Effective date The amendments made by this Act shall take effect as if included in section 9010 of the Patient Protection and Affordable Care Act ( Public Law 111–148 ).