H.R. 3851 · 113th Congress
No Bailouts for Insurance Industry Act of 2014
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Never voted on. It didn't reach a floor vote before the 113th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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LanceSponsor8 cosponsors · 8 R
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Ellmers
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Jones
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Tiberi
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Westmoreland
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Culberson
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Sensenbrenner
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Cotton
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Labrador0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
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…
What it does: CRS summary · Introduced in House · Jan 10, 2014
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 to plan years beginning after enactment of this Act and provides rules for applying the provision before such date.
Applies the repeal of the risk corridors program to calendar years beginning after enactment of this Act.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: No Bailouts for Insurance Industry Act of 2014
Latest action (Jan 17, 2014): Referred to the Subcommittee on Health.
Policy area: Health · Origin: House · Introduced: Jan 10, 2014
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.