Fair Indexing for Health Care Affordability Act

House Bill 5889 - Fair Indexing for Health Care Affordability Act: Overview, Status, and Impact

Hozzl · 2022-02-08T23:17:43Z

Explore the details of House Bill 5889 Fair Indexing for Health Care Affordability Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Health. Stay informed on legislative developments.

2/8/2022, 11:17 PM

Congressional Summary of HR 5889

Fair Indexing for Health Care Affordability Act

This bill revises the method for determining the annual per capita change in health insurance premiums for the purpose of determining the premium adjustment percentage that is used to establish the annual limits on cost sharing for health insurance plans.

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Current Status of Bill HR 5889

Bill HR 5889 is currently in the status of Bill Introduced since February 13, 2020. Bill HR 5889 was introduced during Congress 116 and was introduced to the House on February 13, 2020. Bill HR 5889's most recent activity was Referred to the House Committee on Energy and Commerce. as of February 13, 2020

Bipartisan Support of Bill HR 5889

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 5889

Primary Policy Focus

Health

Potential Impact Areas

- Employee benefits and pensions

- Health care costs and insurance

- Health care coverage and access

- Income tax credits

- Insurance industry and regulation

Alternate Title(s) of Bill HR 5889

Fair Indexing for Health Care Affordability Act

To amend the Patient Protection and Affordable Care Act to require the Secretary of Health and Human Services to set forth a method of determining maximum out-of-pocket limits and annual updates to premium tax credit eligibility.

Fair Indexing for Health Care Affordability Act