[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2645 Introduced in House (IH)]

112th CONGRESS
  1st Session
                                H. R. 2645

To amend title XVIII of the Social Security Act to increase the minimum 
                loss ratio required of Medigap policies.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             July 26, 2011

  Mr. Stark (for himself, Mr. Waxman, and Mr. Pallone) introduced the 
following bill; which was referred to the Committee on Ways and Means, 
 and in addition to the Committee on Energy and Commerce, for a period 
    to be subsequently determined by the Speaker, in each case for 
consideration of such provisions as fall within the jurisdiction of the 
                          committee concerned

_______________________________________________________________________

                                 A BILL


 
To amend title XVIII of the Social Security Act to increase the minimum 
                loss ratio required of Medigap policies.

    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 ``Medigap Medical Loss Ratio 
Improvement Act''.

SEC. 2. INCREASE IN REQUIRED MEDIGAP LOSS RATIO.

    (a) In General.--Section 1882(r)(1)(A) of the Social Security Act 
(42 U.S.C. 1395ss(r)(1)(A)) is amended--
            (1) by striking ``75 percent'' and inserting ``85 
        percent''; and
            (2) by striking ``65 percent'' and inserting ``80 
        percent''.
    (b) Effective Date.--The amendments made by subsection (a) shall 
apply to policies for policy years beginning on or after January 1, 
2014.
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