No Bailouts for Insurance Industry Act of 2014
Latest action · Jan 10, 2014 Referred to the Subcommittee on Health.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJan 7, 2014
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
No Bailouts for Insurance Industry Act of 2014 - Repeals requirements under the Patient Protection and Affordable Care Act for: (1) a transitional reinsurance program for the individual health insurance market in each state, and (2) a program of risk corridors for calendar years 2014-2016 under which a qualified health plan offered in the individual or small group market shall participate in a payment adjustment system based on the ratio of the allowable costs of the plan to the plan's aggregate premiums.
Applies the repeal of the transitional reinsurance program and the repeal of the risk corridors program to plan years and calendar years, respectively, beginning after enactment of this Act.
Cosponsors 2
Members who signed on, in the order they did. Signatures ran from Jan 13, 2014 to Jan 27, 2014.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-NC | Walter B. Jones | Jan 13, 2014 | |
| R-FL | Bill Posey | Jan 27, 2014 |
Actions 4
Everything that happened, newest first.
- Jan 10, 2014Referred to the Subcommittee on Health.
- Jan 10, 2014Sponsor introductory remarks on measure. (CR H137)
- Jan 7, 2014Introduced in House
- Jan 7, 2014Referred to the House Committee on Energy and Commerce.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 3851 | No Bailouts for Insurance Industry Act of 2014 | Related bill | Jan 17, 2014 |
Subjects
Assigned by the Library of Congress. Policy area: Health.
Text 1
Each version as it was printed, newest first.
- Jan 7, 2014Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.