Fair Indexing for Health Care Affordability Act

I 116TH CONGRESS 2D SESSION H. R. 5889 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 pre- mium tax credit eligibility. IN THE HOUSE OF REPRESENTATIVES 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 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 maximum out- of-pocket limits and annual updates to premium tax cred- it eligibility. 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 00:33 Feb 20, 2020 Jkt 099200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H5889.IH H5889 kjohnson on DSK79L0C42PROD with BILLS 2 •HR 5889 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 employer-sponsored insurance 7 exceeds such average per enrollee premium for the pre- 8 ceding calendar year, as published in the National Health 9 Expenditure Accounts)’’. 10 Æ VerDate Sep 11 2014 22:02 Feb 21, 2020 Jkt 099200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\H5889.IH H5889 kjohnson on DSK79L0C42PROD with BILLS