Obamacare Taxpayer Bailout Prevention Act

Obamacare Taxpayer Bailout Prevention Act - Repeals the provision of the Patient Protection and Affordable Care Act that directs the Secretary of Health and Human Services (HHS) to establish and administer a program of risk corridors for calendar years 2014, 2015, and 2016 under which a qualified health plan offered in the individual or small group market is required to participate in a payment adjustment system based on the ratio of the allowable costs of the plan to the plan's aggregate premiums.

[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3541 Introduced in House (IH)]

113th CONGRESS
  1st Session
                                H. R. 3541

       To prevent a taxpayer bailout of health insurance issuers.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           November 19, 2013

 Mr. Griffin of Arkansas (for himself and Mr. Gardner) introduced the 
   following bill; which was referred to the Committee on Energy and 
                                Commerce

_______________________________________________________________________

                                 A BILL


 
       To prevent a taxpayer bailout of health insurance issuers.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Obamacare Taxpayer Bailout 
Prevention Act''.

SEC. 2. PREVENTION OF BAILOUT OF HEALTH INSURANCE ISSUERS.

    The Patient Protection and Affordable Care Act is amended by 
striking section 1342 (42 U.S.C. 18062).
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