Stop Obamacare's Risky Provisions Act
Latest action · Feb 7, 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.
- IntroducedFeb 3, 2014
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Stop Obamacare's Risky Provisions Act - Prohibits health insurance issuers and third-party administrators, for any period after December 31, 2014, from being required to make payments under the Patient Protection and Affordable Care Act (PPACA) for a transitional reinsurance program for the individual health insurance market in each state. Allows payments to issuers, as limited by this Act, only to the extent of available funds.
Limits to 2014 the applicability of the program of risk corridors, 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. Prohibits application of the program for 2015 and 2016.
Amends PPACA to repeal, effective for years after 2014, risk adjustment provisions that require states to: (1) assess a charge on health plans and health insurance issuers if the actuarial risk of enrollees is lower than average, and (2) make payments to health plans and health insurance issuers if the actuarial risk of enrollees is greater than average.
Cosponsors 1
Members who signed on, in the order they did. All signed on Feb 11, 2014.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-NJ | Leonard Lance | Feb 11, 2014 |
Actions 3
Everything that happened, newest first.
- Feb 7, 2014Referred to the Subcommittee on Health.
- Feb 3, 2014Introduced in House
- Feb 3, 2014Referred to the House Committee on Energy and Commerce.
Subjects
Assigned by the Library of Congress. Policy area: Health.
Text 1
Each version as it was printed, newest first.
- Feb 3, 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.