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]
[S. 1726 Introduced in Senate (IS)]

113th CONGRESS
  1st Session
                                S. 1726

       To prevent a taxpayer bailout of health insurance issuers.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                           November 19, 2013

    Mr. Rubio (for himself, Mr. Chambliss, Mr. Inhofe, Mr. Lee, Mr. 
    McConnell, Mr. Paul, Mr. Vitter, Mrs. Fischer, and Mr. Hoeven) 
introduced the following bill; which was read twice and referred to the 
          Committee on Health, Education, Labor, and Pensions

_______________________________________________________________________

                                 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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