S 1868
Premium Reduction Act of 2019
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
The Premium Reduction Act of 2019 aims to help states establish or expand programs to manage high-risk health insurance enrollees. It provides federal grants to states that create ‘invisible high-risk pools’ or reinsurance programs, which can help stabilize insurance markets by shifting costs from insurers to the state. The bill also directs the Department of Health and Human Services (HHS) to expedite the review of state waiver applications for these programs and provides funding to support their implementation, with a focus on market stabilization payments to insurers.
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Primary sponsor
Cosponsors
Joe, III Manchin
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