Fair Indexing for Health Care Affordability Act

II 116TH CONGRESS 1ST SESSION S. 2785 To set forth a method of determining maximum out-of-pocket limits and annual updates to premium tax credit eligibility under the Patient Protec- tion and Affordable Care Act. IN THE SENATE OF THE UNITED STATES NOVEMBER 5, 2019 Mrs. SHAHEEN (for herself, Mr. MURPHY, Mr. BLUMENTHAL, and Ms. BALD- WIN) introduced the following bill; which was read twice and referred to the Committee on Health, Education, Labor, and Pensions A BILL To set forth a method of determining maximum out-of-pocket limits and annual updates to premium tax credit eligi- bility under the Patient Protection and Affordable Care Act. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Fair Indexing for 4 Health Care Affordability Act’’. 5 SEC. 2. PREMIUM ADJUSTMENT PERCENTAGE. 6 Section 1302(c)(4) of the Patient Protection and Af- 7 fordable Care Act (42 U.S.C. 18022(c)(4)) is amended by 8 VerDate Sep 11 2014 04:08 Nov 06, 2019 Jkt 099200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\S2785.IS S2785 kjohnson on DSK79L0C42 with BILLS 2 •S 2785 IS striking ‘‘calendar year)’’ and inserting ‘‘calendar year, 1 based on estimates and projections of changes for the ap- 2 plicable year in the average per enrollee employer-spon- 3 sored insurance premiums provided by the National 4 Health Expenditure Accounts)’’. 5 Æ VerDate Sep 11 2014 04:08 Nov 06, 2019 Jkt 099200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\S2785.IS S2785 kjohnson on DSK79L0C42 with BILLS