S. 3481 · 114th Congress
HHS Slush Fund Elimination 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.
R
SasseSponsor3 cosponsors · 3 R
3 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill prohibits federal funds, including funds appropriated from the Judgment Fund, from being used to pay any final judgment, award, or compromise settlement relating to the transitional reinsurance program or the risk corridor program established under the Patient Protection and Affordable Care Act.
What it does: CRS summary · Introduced in Senate · Nov 17, 2016
HHS Slush Fund Elimination Act
This bill prohibits federal funds, including funds appropriated from the Judgment Fund, from being used to pay any final judgment, award, or compromise settlement relating to the transitional reinsurance program or the risk corridor program established under the Patient Protection and Affordable Care Act.
(The Judgment Fund is a permanent and indefinite appropriation to pay judgments against the United States, including awards, compromise settlements, and related interest and costs. Under the risk corridor program, qualified health plans offered in the individual or small group markets participate in a payment adjustment system based on the ratio of the allowable costs of the plan to the plan's aggregate premiums. Under the transitional reinsurance program, health insurance issuers and certain group health plans make contributions to the program, and reinsurance payments are made to issuers for enrollees in certain individual market plans with claim costs within a specified level.)
The bill includes an exception that requires the Department of Health and Human Services (HHS) to pay any final judgment, award, or compromise settlement relating to the two programs from funds appropriated to HHS under provisions of the risk corridor program that require certain health plans with lower costs to make payments to HHS.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: HHS Slush Fund Elimination Act
Latest action (Nov 17, 2016): Read twice and referred to the Committee on the Judiciary.
Policy area: Economics and Public Finance · Origin: Senate · Introduced: Nov 17, 2016
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.