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H.R. 724 · 114th Congress

Taxpayer Bailout Protection Act

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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

LLR LanceSponsor
2 cosponsors · 2 R

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

This bill amends the Patient Protection and Affordable Care Act to require the Department of Health and Human Services (HHS) to ensure that payments to plans do not exceed payments to HHS under the risk corridors program (under which a qualified health plan is required to participate in a payment adjustment system based on the ratio of the allowable costs…

What it does: CRS summary · Introduced in House · Feb 4, 2015

Taxpayer Bailout Protection Act

This bill amends the Patient Protection and Affordable Care Act to require the Department of Health and Human Services (HHS) to ensure that payments to plans do not exceed payments to HHS under the risk corridors program (under which a qualified health plan is required to participate in a payment adjustment system based on the ratio of the allowable costs of the plan to the plan's aggregate premiums) for a plan year.

HHS must proportionately decrease payments to plans in order to ensure that this requirement is satisfied each year.

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

About this bill and sources

Official title: Taxpayer Bailout Protection Act

Latest action (Feb 6, 2015): Referred to the Subcommittee on Health.

Policy area: Health · Origin: House · Introduced: Feb 4, 2015

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

No recorded floor vote found.