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Changes to Health Care Out-of-Pocket Limits and Premium Tax Credits.

This act modifies how maximum annual out-of-pocket health care costs are determined. It also introduces a new method for updating premium tax credit eligibility, based on average employer-sponsored insurance premiums. The goal is to better align these limits with real changes in health insurance market prices.
Key points
New rules for setting maximum annual out-of-pocket health care expenses.
Changes to how premium tax credits are updated, potentially affecting your financial assistance for health insurance.
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Expired
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Additional Information
Print number: 117_S_30
Sponsor: Sen. Shaheen, Jeanne [D-NH]
Process start date: 2021-01-22
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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

Fair Indexing for Health Care Affordability Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_30.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-01-22.

What are the main provisions?

Key points include:

  • New rules for setting maximum annual out-of-pocket health care expenses.
  • Changes to how premium tax credits are updated, potentially affecting your financial assistance for health insurance.
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. Shaheen, Jeanne [D-NH].

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