Health Insurance Marketplace Affordability Act of 2020 This bill modifies the refundable tax credit for health care premium assistance to require an age rate adjustment to the applicable percentage used to determine the amount of such credit. The age rate adjustment for any individual shall be determined using a single national age rating curve specified in guidance by the Department of Health and Human Services and shall reflect market patterns in the individual health care market.
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Health care costs and insuranceIncome tax credits
Health Insurance Marketplace Affordability Act of 2020
USA116th CongressHR-6545| House
| Updated: 4/17/2020
Health Insurance Marketplace Affordability Act of 2020 This bill modifies the refundable tax credit for health care premium assistance to require an age rate adjustment to the applicable percentage used to determine the amount of such credit. The age rate adjustment for any individual shall be determined using a single national age rating curve specified in guidance by the Department of Health and Human Services and shall reflect market patterns in the individual health care market.