H.R. 4620 · 115th Congress
Protecting Families and Small Businesses Act of 2017
- Stage
- In committee
- Sponsor
- Kristi Noem
- Introduced
- 2017-12-12
- Latest action
- 2017-12-15 · Referred to the Subcommittee on Health.
Summary
Protecting Families and Small Businesses Act of 2017
This bill amends the Patient Protection and Affordable Care Act to allow a health insurer to reduce its 2018 annual fee by the amount of premium rebates provided to enrollees under this bill. Premium rebates must be equal to the lesser of 2% of the net premiums for each individual or the premiums paid by an individual.
For a Medicaid managed care organization, the 2018 annual fee shall be reduced by 2% of the net premiums.
The bill suspends the annual fee for 2019.