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Support for States to Establish Health Insurance Marketplaces

This act aims to provide additional funding for states that wish to create or expand their own health insurance marketplaces. This could give citizens in those states easier access to various insurance plans and more choices. States will receive grants to help launch these platforms, with the goal of improving access to healthcare.
Key points
States can receive up to $200 million in grants to establish or improve health insurance marketplaces.
Grants are one-time, awarded for 2 years, and available only until the end of 2024 for states that did not have their own marketplace before 2019.
Marketplaces established with these grants must become self-sustaining by January 1, 2026, meaning they will need to fund themselves through fees from insurers or other sources.
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Additional Information
Print number: 117_S_1623
Sponsor: Sen. Menendez, Robert [D-NJ]
Process start date: 2021-05-13
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

SAVE Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_1623.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-05-13.

What are the main provisions?

Key points include:

  • States can receive up to $200 million in grants to establish or improve health insurance marketplaces.
  • Grants are one-time, awarded for 2 years, and available only until the end of 2024 for states that did not have their own marketplace before 2019.
  • Marketplaces established with these grants must become self-sustaining by January 1, 2026, meaning they will need to fund themselves through fees from insurers or other sources.
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 Sen. Menendez, Robert [D-NJ].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Health