Summary: H.R.4620 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.4620. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (12/12/2017)

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.