S. 1726 · 113th Congress
Obamacare Taxpayer Bailout Prevention Act
- Stage
- In committee
- Sponsor
- Marco Rubio
- Introduced
- 2013-11-19
- Latest action
- 2013-11-19 · Introduced in Senate
Summary
Obamacare Taxpayer Bailout Prevention Act - Repeals the provision of the Patient Protection and Affordable Care Act that directs the Secretary of Health and Human Services (HHS) to establish and administer a program of risk corridors for calendar years 2014, 2015, and 2016 under which a qualified health plan offered in the individual or small group market 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.