H.R.4620 - Protecting Families and Small Businesses Act of 2017115th Congress (2017-2018) |
|Sponsor:||Rep. Noem, Kristi L. [R-SD-At Large] (Introduced 12/12/2017)|
|Committees:||House - Energy and Commerce; Ways and Means|
|Latest Action:||House - 12/15/2017 Referred to the Subcommittee on Health. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
- Passed House
- Passed Senate
- To President
- Became Law
Summary: H.R.4620 — 115th Congress (2017-2018)All Information (Except Text)
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.