Fair Indexing for Health Care Affordability Act

I 116TH CONGRESS 1ST SESSION H. R. 5291 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 annual updates to premium tax credit eligibility and max- imum out-of-pocket limits. IN THE HOUSE OF REPRESENTATIVES DECEMBER 3, 2019 Mr. VAN DREW (for himself, Ms. MATSUI, and Mr. HORSFORD) introduced the following bill; which was referred to the Committee on Energy and Commerce A BILL 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 annual updates to premium tax credit eligibility and maximum out-of- pocket limits. 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 VerDate Sep 11 2014 00:43 Dec 07, 2019 Jkt 099200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H5291.IH H5291 kjohnson on DSK79L0C42 with BILLS 2 •HR 5291 IH SEC. 2. PREMIUM ADJUSTMENT PERCENTAGE. 1 Section 1302(c)(4) of the Patient Protection and Af- 2 fordable Care Act (42 U.S.C. 18022(c)(4)) is amended by 3 striking ‘‘calendar year)’’ and inserting ‘‘calendar year, 4 based on estimates and projections for the applicable cal- 5 endar year of the percentage (if any) by which the average 6 per enrollee premium for eligible employer-sponsored 7 health plans (as defined in section 5000A(f)(2) of the In- 8 ternal Revenue Code of 1986) exceeds such average per 9 enrollee premium for the preceding calendar year, as pub- 10 lished in the National Health Expenditure Accounts)’’. 11 Æ VerDate Sep 11 2014 00:43 Dec 07, 2019 Jkt 099200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\H5291.IH H5291 kjohnson on DSK79L0C42 with BILLS