H.R.340 - Incentivizing Medicaid Expansion Act of 2021117th Congress (2021-2022) |
|Sponsor:||Rep. Veasey, Marc A. [D-TX-33] (Introduced 01/15/2021)|
|Committees:||House - Energy and Commerce|
|Latest Action:||House - 01/15/2021 Referred to the House Committee on Energy and Commerce. (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.340 — 117th Congress (2021-2022)All Information (Except Text)
Introduced in House (01/15/2021)
Incentivizing Medicaid Expansion Act of 2021
This bill provides an enhanced federal matching rate to every state that expands Medicaid coverage for individuals who are newly eligible under the Patient Protection and Affordable Care Act, regardless of when such expansion takes place.
Under current law, the enhanced Federal Medical Assistance Percentage (FMAP) is equivalent to 100% in 2014 through 2016, 95% in 2017, 94% in 2018, 93% in 2019, and 90% thereafter. The bill retains this enhanced FMAP, but bases it on a term of years rather than on specific dates.
The bill applies retroactively.