S.2253 - Health Care Fairness and Stability Act113th Congress (2013-2014)
|Sponsor:||Sen. Franken, Al [D-MN] (Introduced 04/10/2014)|
|Committees:||Senate - Health, Education, Labor, and Pensions|
|Latest Action:||04/10/2014 Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (All Actions)|
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Summary: S.2253 — 113th Congress (2013-2014)All Bill Information (Except Text)
Introduced in Senate (04/10/2014)
Health Care Fairness and Stability Act - Amends the Patient Protection and Affordable Care Act (PPACA) to provide a temporary shift in the scheduled collection of payments for the transitional reinsurance program intended to help stabilize premiums for coverage in the individual health insurance markets from 2014 through 2016.
Amends PPACA to delay the collection of reinsurance payments from health insurance issuers and third party administrators of certain self-insured group health plans until January 1, 2018.
Amends PPACA to change the formula for determining the amount of contributions collected for payments to health insurance issuers that cover high risk individuals in the individual market.