IN THE SENATE OF THE UNITED STATES
January 22, 2021
Mrs. Shaheen (for herself, Mr. Murphy, Mr. Blumenthal, and Ms. Baldwin) introduced the following bill; which was read twice and referred to the Committee on Health, Education, Labor, and Pensions
To set forth a method of determining maximum out-of-pocket limits and annual updates to premium tax credit eligibility under the Patient Protection and Affordable Care Act.
This Act may be cited as the
Fair Indexing for Health Care Affordability Act.
Premium adjustment percentage
Section 1302(c)(4) of the Patient Protection and Affordable Care Act (42 U.S.C. 18022(c)(4)) is amended by striking
calendar year) and inserting
calendar year, based on estimates and projections of changes for the applicable year in the average per enrollee employer-sponsored insurance premiums provided by the National Health Expenditure Accounts).
The amendment made by subsection (a) shall take effect on January 1, 2022.