Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of the Treasury and the Centers for Medicare & Medicaid Services relating to "Patient Protection and Affordable Care Act; Updating Payment Parameters, Section 1332 Waiver Implementing Regulations, and Improving Health Insurance Markets for 2022 and Beyond".

This joint resolution nullifies the rule titled Patient Protection and Affordable Care Act; Updating Payment Parameters, Section 1332 Waiver Implementing Regulations, and Improving Health Insurance Markets for 2022 and Beyond, which was issued by the Centers for Medicare & Medicaid Services and the Department of the Treasury on September 27, 2021. The rule expands the open enrollment period for individual health coverage and rescinds the previous interpretation of certain requirements relating to Section 1332 waivers (also known as State Innovation Waivers or State Relief and Empowerment Waivers).

Bill 117 hjres 79 is a piece of legislation that aims to disapprove of a rule submitted by the Department of the Treasury and the Centers for Medicare & Medicaid Services regarding the Patient Protection and Affordable Care Act. The rule in question pertains to updating payment parameters, Section 1332 waiver implementing regulations, and improving health insurance markets for the year 2022 and beyond.

The bill falls under chapter 8 of title 5, United States Code, which allows Congress to review and potentially overturn regulations put forth by federal agencies. In this case, the rule submitted by the Department of the Treasury and the Centers for Medicare & Medicaid Services is being scrutinized for its impact on the implementation of the Affordable Care Act and its effects on health insurance markets.

The purpose of Bill 117 hjres 79 is to provide a platform for congressional disapproval of the rule, signaling potential concerns or disagreements with the proposed changes to the Affordable Care Act and its associated regulations. This bill reflects the ongoing debate and scrutiny surrounding healthcare policy in the United States, particularly in relation to the Affordable Care Act and its implementation. Overall, Bill 117 hjres 79 represents a significant step in the legislative process, as Congress considers the implications of the rule submitted by the Department of the Treasury and the Centers for Medicare & Medicaid Services on healthcare policy and insurance markets.