HR 6518
Stop Health Premium Spikes Act of 2020
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
The Stop Health Premium Spikes Act of 2020 creates a temporary program to help health insurers manage unexpected medical costs. This program, administered by the Department of Health and Human Services, will reimburse insurers for costs exceeding 105% of their premiums, up to 75% of the difference. The program applies to plan years 2020 and 2021, and it considers existing risk adjustment and reinsurance payments when determining eligible costs.
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Primary sponsor
Cosponsors
Sheila Jackson Lee
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