H.R.4894 - Harmful Tax Prevention Act115th Congress (2017-2018)
|Sponsor:||Rep. Noem, Kristi L. [R-SD-At Large] (Introduced 01/29/2018)|
|Committees:||House - Energy and Commerce; Ways and Means|
|Latest Action:||House - 02/02/2018 Referred to the Subcommittee on Health. (All Actions)|
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Summary: H.R.4894 — 115th Congress (2017-2018)All Information (Except Text)
Introduced in House (01/29/2018)
Harmful Tax Prevention Act
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.