116th CONGRESS 2d Session |
To amend the Patient Protection and Affordable Care Act to require the Secretary of Health and Human Services to set forth a method of determining maximum out-of-pocket limits and annual updates to premium tax credit eligibility.
February 13, 2020
Mrs. Axne (for herself, Ms. Matsui, and Mr. Horsford) introduced the following bill; which was referred to the Committee on Energy and Commerce
To amend the Patient Protection and Affordable Care Act to require the Secretary of Health and Human Services to set forth a method of determining maximum out-of-pocket limits and annual updates to premium tax credit eligibility.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
This Act may be cited as the “Fair Indexing for Health Care Affordability Act”.
SEC. 2. Premium adjustment percentage.
Section 1302(c)(4) of the Patient Protection and Affordable Care Act (42 U.S.C. 18022(c)(4)) is amended by striking “calendar year)” and inserting “calendar year, based on estimates and projections for the applicable calendar year of the percentage (if any) by which the average per enrollee premium for employer-sponsored insurance exceeds such average per enrollee premium for the preceding calendar year, as published in the National Health Expenditure Accounts)”.