New Health Options Act of 2025

Hozzl · 2025-03-19T16:00:38Z

Explore the details of House Bill 1776 New Health Options Act of 2025 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Health. Stay informed on legislative developments.

3/19/2025, 4:00 PM

Summary of Bill HR 1776

Bill 119 HR 1776, also known as the "Reinsurance Program Act," aims to amend the Patient Protection and Affordable Care Act by establishing a reinsurance program. This program is designed to help stabilize the individual health insurance market by providing financial assistance to insurance companies that cover high-cost individuals.

The main goal of this bill is to lower premiums for consumers by reducing the financial risk that insurance companies face when covering individuals with expensive medical conditions. By creating a reinsurance program, the government can help offset some of the costs associated with covering high-risk individuals, which in turn can lead to more affordable insurance options for all consumers.

In addition to establishing the reinsurance program, the bill also includes provisions for other purposes related to improving the affordability and accessibility of healthcare. While the specifics of these provisions are not detailed in the summary, it is clear that the overall aim of the bill is to make healthcare more affordable and accessible for all Americans. Overall, Bill 119 HR 1776 is a bipartisan effort to address the challenges facing the individual health insurance market and improve the overall quality of healthcare in the United States. By establishing a reinsurance program and implementing other measures, this bill seeks to create a more stable and affordable healthcare system for all Americans.

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Current Status of Bill HR 1776

Bill HR 1776 is currently in the status of Bill Introduced since March 3, 2025. Bill HR 1776 was introduced during Congress 119 and was introduced to the House on March 3, 2025. Bill HR 1776's most recent activity was Referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, and Education and Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of March 3, 2025

Bipartisan Support of Bill HR 1776

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 1776

Primary Policy Focus

Health

Alternate Title(s) of Bill HR 1776

To amend the Patient Protection and Affordable Care Act to establish a reinsurance program, and for other purposes.To amend the Patient Protection and Affordable Care Act to establish a reinsurance program, and for other purposes.

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Sponsors and Cosponsors of HR 1776

Gary J. Palmer

Alabama(Republican)

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