Obamacare Taxpayer Bailout Prevention Act

Bill: 114-hr-221
Sponsor: full_name: Rep. Harris, Andy [R-MD-1]
Introduced: 2015-01-08
Policy area: Health
Subjects: Comprehensive health care

Health care costs and insurance

Health care coverage and access
Latest action: action_date: 2015-01-09
text: Referred to the Subcommittee on Health.

Summaries:
action_date: 2015-01-08
action_desc: Introduced in House
text: <p><strong>Obamacare Taxpayer Bailout Prevention Act</strong> </p> <p>Repeals the provision of the Patient Protection and Affordable Care Act that directs the Secretary of Health and Human Services to establish and administer a program of risk corridors for calendar years 2014, 2015, and 2016 under which a qualified health plan offered in the individual or small group market is required to participate in a payment adjustment system based on the ratio of the allowable costs of the plan to the plan's aggregate premiums.</p>

tv_txt: I 114th CONGRESS 1st Session H. R. 221 IN THE HOUSE OF REPRESENTATIVES January 8, 2015 Mr. Harris (for himself, Mrs. Blackburn , Mr. Roe of Tennessee , Mr. Kelly of Pennsylvania , Mr. Stewart , Mr. Salmon , Mr. Massie , Mr. Gosar , Mr. Rothfus , Mr. LaMalfa , Mr. Loudermilk , Mr. Ribble , and Mr. Huelskamp ) introduced the following bill; which was referred to the Committee on Energy and Commerce A BILL To prevent a taxpayer bailout of health insurance issuers.

1. Short title This Act may be cited as the Obamacare Taxpayer Bailout Prevention Act . 2. Prevention of bailout of health insurance issuers The Patient Protection and Affordable Care Act is amended by striking section 1342 ( 42 U.S.C. 18062 ).