S.1729 - Expanded Consumer Choice Act113th Congress (2013-2014)
|Sponsor:||Sen. Begich, Mark [D-AK] (Introduced 11/19/2013)|
|Committees:||Senate - Health, Education, Labor, and Pensions|
|Latest Action:||Senate - 11/19/2013 Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (All Actions)|
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Summary: S.1729 — 113th Congress (2013-2014)All Information (Except Text)
Introduced in Senate (11/19/2013)
Expanded Consumer Choice Act - Amends the Patient Protection and Affordable Care Act to provide a new "copper" level of coverage under qualified health plans, designed to provide benefits that are actuarially equivalent to 50% of the full actuarial value of the benefits provided under the plan. Requires cost-sharing under such a plan to exceed the amount applicable to a plan at the bronze level.
Requires the Secretary of Health Human Services (HHS) to promulgate regulations providing for annual limits on deductibles and cost-sharing for copper-level plans to ensure that the limits are reasonable for every marketplace and to consider the feasibility of the relative plan design in each local insurance marketplace.
Allows qualification of copper-level plans as multi-state plans.