To amend the Patient Protection and Affordable Care Act to redirect user fees assessed of health insurance issuers on Federal Exchanges, and for other purposes.

Bill: 114-hr-6514
Sponsor: full_name: Rep. Lance, Leonard [R-NJ-7]
Introduced: 2016-12-08
Policy area: Health
Latest action: action_date: 2016-12-08
text: Referred to the House Committee on Energy and Commerce.

Summaries:
action_date: 2016-12-08
action_desc: Introduced in House
text: <p>This bill amends the Patient Protection and Affordable Care Act to require the Department of Health and Human Services to deposit monthly in the Treasury $1.50 for each individual enrolled in health insurance coverage though a federally operated health insurance exchange.</p> The user fee charged to health insurers by federally operated health insurance exchanges may not exceed a specified percentage of a plan's premiums.

tv_txt: I 114th CONGRESS 2d Session H. R. 6514 IN THE HOUSE OF REPRESENTATIVES December 8, 2016 Mr. Lance introduced the following bill; which was referred to the Committee on Energy and Commerce A BILL To amend the Patient Protection and Affordable Care Act to redirect user fees assessed of health insurance issuers on Federal Exchanges, and for other purposes.

1. Redirecting user fees assessed of health insurance issuers on Federal Exchanges (a) Transfer of funds Section 1341 of the Patient Protection and Affordable Care Act ( 42 U.S.C. 18061 ) is amended by adding at the end the following new subsection: (e) Transfer of funds (1) In general With respect to each month of plan year 2018 and of each plan year thereafter, the Secretary shall deposit into the general fund of the Treasury of the United States the amount described in paragraph (2). (2) Amount of deposit The amount described in this paragraph, with respect to a month described in paragraph (1), is an amount that is equal to $1.50 multiplied by the number of individuals that, with respect to the month prior to such month, were enrolled in health insurance coverage through an Exchange established and operated by the Secretary under section 1321 (including an Exchange established and operated by the Secretary in conjunction with a State, commonly known as a hybrid Exchange). (3) Timing of deposit With respect to each deposit that the Secretary makes pursuant to paragraph (1) with respect to a month, the Secretary shall make such deposit not later than 60 days after the date on which the applicable reinsurance entity described in subsection (b)(1)(A) collects payments with respect to such month from health insurance issuers described in such subsection pursuant to such subsection. . (b) Cap on Federal Exchange user fees Section 1311(d)(5) of the Patient Protection and Affordable Care Act ( 42 U.S.C. 18031(d)(5) ) is amended by adding at the end the following new subparagraph: (C) Cap on Federal Exchange user fees In the case that an Exchange established and operated by the Secretary under section 1321 (including an Exchange established and operated by the Secretary in conjunction with a State, commonly known as a hybrid Exchange) charges user fees to a participating health insurance issuer, such user fees charged to such issuer may not exceed a monthly rate that is equal to 3.5 percent of the monthly premium for each plan offered by the issuer on the Exchange. .