Lowering Health Care Costs for Americans Act
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Overview
The Lowering Health Care Costs for Americans Act aims to make healthcare more affordable for Americans by implementing several key provisions. It includes establishing Healthcare Affordability Accounts, requiring hospitals to publicly disclose their prices for services, and extending temporary enhanced premium credits. The bill also addresses issues like biometric verification for enrollment and coverage of gender transition procedures, while restricting coverage of abortion services.
Key provisions
- Establishes Healthcare Affordability Accounts with limitations on premium assistance amounts based on household income.
- Requires hospitals to publicly disclose standard charges and negotiated prices for services.
- Extends temporary enhanced premium credits for plan years beginning after December 31, 2025.
- Requires biometric and ID verification for healthcare enrollment.
- Restricts coverage of gender transition procedures.
- Prohibits the use of Federal funds for plans covering abortion services.
- Streamlines the process for States to implement waivers for healthcare innovation.
- Mandates reporting of health insurance coverage, including payer-specific negotiated charges.
Who is affected
- American Consumers
- Healthcare Providers (Hospitals)
- Health Insurance Issuers
- Individuals with Low to Moderate Income
- The Healthcare Industry
Bill text
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Sponsors
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1 on record
Primary sponsor
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