[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2833 Introduced in House (IH)]

111th CONGRESS
  1st Session
                                H. R. 2833

  To require a minimum loss ratio for 90 percent for health insurance 
            coverage offered through an insurance exchange.


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                    IN THE HOUSE OF REPRESENTATIVES

                             June 11, 2009

Mr. Ellison (for himself, Ms. Schakowsky, Mr. Tierney, and Mr. Johnson 
 of Georgia) introduced the following bill; which was referred to the 
                    Committee on Energy and Commerce

_______________________________________________________________________

                                 A BILL


 
  To require a minimum loss ratio for 90 percent for health insurance 
            coverage offered through an insurance exchange.

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

SECTION 1. REQUIREMENT OF MINIMUM LOSS RATIO OF 90 PERCENT FOR A HEALTH 
              INSURANCE PLAN TO BE OFFERED THROUGH AN INSURANCE 
              EXCHANGE.

    (a) In General.--No health insurance coverage may be offered 
through a health insurance exchange (as defined in subsection (b)) 
unless the coverage is demonstrated to have a medical loss ratio (as 
defined by the Secretary of Health and Human Services) of at least 90 
percent.
    (b) Definitions.--In this section:
            (1) The term ``health insurance exchange'' means a 
        mechanism established or recognized under Federal law, whether 
        operated at a national, regional, or State level, that provides 
        a coordinated, centralized mechanism for offering for purchase 
        to individuals (and others) of health insurance coverage from 
        more than one health insurance issuer.
            (2) The terms ``health insurance coverage'' and ``health 
        insurance issuer'' have the meanings given such terms in 
        section 2791 of the Public Health Service Act.
    (c) Effective Date.--This section shall apply to health insurance 
coverage offered on or after January 1, 2010.
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