H.R. 221 · 114th Congress

Obamacare Taxpayer Bailout Prevention Act

Stage
In committee
Introduced
2015-01-08
Latest action
2015-01-09 · Referred to the Subcommittee on Health.

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 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.