US Congress Senate Bill 359 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on February 4 2015 - 25% progression, died in committee
Action: 2015-02-04 - Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Pending: Senate Health, Education, Labor, And Pensions Committee
Text: Latest bill text (Introduced) [PDF]

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.

Taxpayer Bailout Protection Act

Sen. Bill Cassidy [R-LA]

Sen. Marco Rubio [R-FL]

Date	Chamber	Action
2015-02-04	Senate	Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

HB724 (Same As) 2015-02-06 - Referred to the Subcommittee on Health.

Type	Source
Summary	https://www.congress.gov/bill/114th-congress/senate-bill/359/all-info
Text	https://www.congress.gov/114/bills/s359/BILLS-114s359is.pdf