[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[S. 30 Introduced in Senate (IS)]

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117th CONGRESS
  1st Session
                                 S. 30

 To set forth a method of determining maximum out-of-pocket limits and 
  annual updates to premium tax credit eligibility under the Patient 
                  Protection and Affordable Care Act.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                            January 22, 2021

Mrs. Shaheen (for herself, Mr. Murphy, Mr. Blumenthal, and Ms. Baldwin) 
introduced the following bill; which was read twice and referred to the 
          Committee on Health, Education, Labor, and Pensions

_______________________________________________________________________

                                 A BILL


 
 To set forth a method of determining maximum out-of-pocket limits and 
  annual updates to premium tax credit eligibility under the Patient 
                  Protection and Affordable Care Act.

    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 ``Fair Indexing for Health Care 
Affordability Act''.

SEC. 2. PREMIUM ADJUSTMENT PERCENTAGE.

    (a) In General.--Section 1302(c)(4) of the Patient Protection and 
Affordable Care Act (42 U.S.C. 18022(c)(4)) is amended by striking 
``calendar year)'' and inserting ``calendar year, based on estimates 
and projections of changes for the applicable year in the average per 
enrollee employer-sponsored insurance premiums provided by the National 
Health Expenditure Accounts)''.
    (b) Effective Date.--The amendment made by subsection (a) shall 
take effect on January 1, 2022.
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