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United States · Bill · HR

H.R. 1878 (117th)

State Health Care Premium Reduction Act of 2021

referredUnited States· United States Congress· EN

Introduced

12 March 2021

Last action

16 March 2021 · Referred

Status

Referred to the Subcommittee on Health.

Sponsors

Rep. Craig, Angie [D-MN-2], Rep. Peters, Scott H. [D-CA-50], Colin Allred, Rep. Rice, Kathleen M. [D-NY-4], Rep. Underwood, Lauren [D-IL-14], Rep. Raskin, Jamie [D-MD-8], Rep. Moore, Gwen [D-WI-4], Rep. Kilmer, Derek [D-WA-6], Rep. Cárdenas, Tony [D-CA-29], Rep. McCollum, Betty [D-MN-4], Rep. Fortenberry, Jeff [R-NE-1]

Subjects

Healthcare, Education

Source updated

7 April 2025

Healthcare · Education

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Summary

State Health Care Premium Reduction Act of 2021 This bill establishes and provides funding for the Improve Health Insurance Affordability Fund. States must use allocated funds to (1) issue reinsurance payments to health insurers (i.e., reimbursements to protect insurers against exceedingly high claims) for individual health insurance coverage, or (2) provide other assistance to reduce out-of-pocket costs (e.g., copayments, coinsurance, and deductibles) for qualified health plans offered in the individual market through an exchange. Reinsurance payments using such funds may not be applied to (1) grandfathered health plans in place on March 23, 2010, (2) non-grandfathered transitional plans meeting specified requirements identified by the Centers for Medicare & Medicaid Services (CMS), or (3) student health insurance plans provided by institutions of higher education. The bill appropriates $10 billion per year for the fund, which the CMS must distribute to states in accordance with a specified methodology based on the estimated amount of reinsurance payments for individuals in a state during the given year, subject to specified deductions. Additionally, states must submit applications explaining how they will use such funds. In the event that a state does not submit an application, the bill directs the CMS to allocate the calculated funding amount to reinsurance programs in that state.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 12 March 2021

    Introduced

    Referred to the House Committee on Energy and Commerce.

    Source: IntroReferral

  2. 12 March 2021

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 12 March 2021

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 16 March 2021

    Referred

    Referred to the Subcommittee on Health.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 12 March 2021

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  • Introduced in House (PDF)

    Introduced in House · EN · 12 March 2021

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 12 March 2021

    Open at official source

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Sponsors

Related records

Sources

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