No Bailouts for Insurance Industry Act of 2014
Bill journey · stage 2 of 5
Under committee review
What it doesSummary 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.
What just happenedJan 17, 2014
Referred to the Subcommittee on Health.
Who’s behind it
- Introduced in HouseJan 10, 2014
- Jan 17, 2014Committee
Referred to the Subcommittee on Health.
- Jan 10, 2014IntroReferralH11100
Referred to the House Committee on Energy and Commerce.
- Jan 10, 2014IntroReferralIntro-H
Introduced in House
- Jan 10, 2014IntroReferral1000
Introduced in House