Summary: H.R.3489 — 113th Congress (2013-2014)All Information (Except Text)

There is one summary for H.R.3489. Bill summaries are authored by CRS.

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Introduced in House (11/14/2013)

Amends the Patient Protection and Affordable Care Act to eliminate the funding mechanism for the three-year transitional reinsurance program, under which group health plans are required to pay a fee to reinsurance entities for plan years beginning January 1, 2014. (The fees are distributed to individual health plans that cover high-risk individuals.) Authorizes appropriations for such reinsurance program instead.