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H.R. 6518

Referred to Committee

Stop Health Premium Spikes Act of 2020

Introduced 4/17/2020•116th Congress•House

Latest Action

Referred to the House Committee on Energy and Commerce.

4/17/2020 • House

Summary

Stop Health Premium Spikes Act of 2020

This bill establishes a temporary risk corridor program to reimburse health insurers for medical costs that are greater than expected. Specifically, the program requires the Department of Health and Human Services to pay insurers 75% of the cost of providing benefits under a plan that exceeds 105% of the total annual premiums for the plan, reduced by administrative expenses. The program applies to plan years 2020 and 2021.

Introduced in House • 4/17/2020

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Topics & Subjects

Policy Area: Health
Health care costs and insuranceInsurance industry and regulation

Congressional Votes (0)

No recorded votes yet

Roll call votes will appear here as the bill moves through Congress

Related Federal Spending

Sponsor & Cosponsors (5)

Party Breakdown

5
Democrats
0
Republicans
0
Independents

Sponsor

R[
Rep. Peters, Scott H. [D-CA-52]

Democrat • CA-52

Sponsored 4/17/2020

Cosponsors (4)

R[
Rep. Craig, Angie [D-MN-2]

D-MN-2

Joined 4/17/2020

R[
Rep. DelBene, Suzan K. [D-WA-1]

D-WA-1

Joined 5/1/2020

R[
R[
Rep. Thompson, Bennie G. [D-MS-2]

D-MS-2

Joined 12/2/2020

Bill Journey

Originated in the House

Introduced

April 17, 2020

Referred to the House Committee on Energy and Commerce.

Committee Review

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in House4/17/2020

Details

Bill TypeHR
Current StatusReferred to Committee
Cosponsors4