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H.R. 3985 · 113th Congress

Stop Obamacare's Risky Provisions Act

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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.

1 cosponsor · 1 R

0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

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.

What it does: CRS summary · Introduced in House · Feb 3, 2014

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.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Stop Obamacare's Risky Provisions Act

Latest action (Feb 7, 2014): Referred to the Subcommittee on Health.

Policy area: Health · Origin: House · Introduced: Feb 3, 2014

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.