Letting Insurance Benefit Everyone Regardless of Their Youth (LIBERTY) Act

Letting Insurance Benefit Everyone Regardless of Their Youth (LIBERTY) Act - Amends the Public Health Service Act to increase the permissible variation based on age for premium rates charged by a health insurance issuer for health insurance coverage offered in the individual or small group market from "3 to 1" for adults to "5 to 1" for adults, or such other ratio for adults as the state involved may provide. (The restrictions on premium variations enacted under the Patient Protection and Affordable Care Act apply to plan years beginning on or after January 1, 2014.)

[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 544 Introduced in House (IH)]

113th CONGRESS
  1st Session
                                H. R. 544

  To amend title XXVII of the Public Health Service Act to change the 
      permissible age variation in health insurance premium rates.


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                    IN THE HOUSE OF REPRESENTATIVES

                            February 6, 2013

  Mr. Gingrey of Georgia (for himself, Mr. Matheson, Mr. Cassidy, Mr. 
  Boustany, Mr. Walden, Mr. Jones, Mr. Rogers of Michigan, Mr. Roe of 
 Tennessee, Mr. Hall, Mrs. Blackburn, Mr. Johnson of Ohio, Mr. Terry, 
 and Mr. Rokita) introduced the following bill; which was referred to 
                  the Committee on Energy and Commerce

_______________________________________________________________________

                                 A BILL


 
  To amend title XXVII of the Public Health Service Act to change the 
      permissible age variation in health insurance premium rates.

    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 ``Letting Insurance Benefit Everyone 
Regardless of Their Youth (LIBERTY) Act''.

SEC. 2. CHANGE IN PERMISSIBLE AGE VARIATION IN HEALTH INSURANCE PREMIUM 
              RATES.

    (a) In General.--Section 2701(a)(1)(A)(iii) of the Public Health 
Service Act (42 U.S.C. 300gg(a)(1)(A)(iii)), as inserted by section 
1201(4) of Public Law 111-148, is amended by striking ``3 to 1 for 
adults (consistent with section 2707(c))'' and inserting ``5 to 1 for 
adults (consistent with section 2707(c)) or such other ratio for adults 
(consistent with section 2707(c)) as the State involved may provide''.
    (b) Effective Date.--The amendment made by subsection (a) shall 
apply as if it was included in the enactment of Public Law 111-148.
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