arrow_back Back to App

Health Insurance Stability Fund and Grace Period Changes

This act establishes a $2.5 billion annual fund for 2022-2024 to help states stabilize their health insurance markets. States can use these funds to lower insurance costs, support high-risk individuals, promote access to preventive, dental, vision, maternity, and newborn care, as well as mental health and substance use disorder treatments. Additionally, the act modifies health insurance grace period rules to align with state laws.
Key points
States will receive funds to lower health insurance costs and support individuals with high medical expenses.
Funds can be used to assist with insurance access, reduce premiums, and promote preventive, dental, vision, maternity care, and addiction treatment.
The grace period for non-payment of health insurance premiums will now align with state law, rather than a fixed 3-month period.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_689
Sponsor: Rep. Burgess, Michael C. [R-TX-26]
Process start date: 2021-02-02
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Premium Relief Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_689.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-02-02.

What are the main provisions?

Key points include:

  • States will receive funds to lower health insurance costs and support individuals with high medical expenses.
  • Funds can be used to assist with insurance access, reduce premiums, and promote preventive, dental, vision, maternity care, and addiction treatment.
  • The grace period for non-payment of health insurance premiums will now align with state law, rather than a fixed 3-month period.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Burgess, Michael C. [R-TX-26].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Health.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Health