To amend the Internal Revenue Code of 1986 to repeal the excise tax on high cost employer-sponsored health coverage, and for other purposes.
A BILL
Sec. 2 Repeal of health insurance premium review process
Section 2794 of the Public Health Service Act (as added by section 1003 of the Patient Protection and Affordable Care Act (42 U.S.C. 300gg–94)) is amended—
by striking the section heading and all that follows through subsection (c), and inserting the following:
“2794. Medical reimbursement data centers
“(a) In general—The Secretary shall carry out a program to award grants to States during the 5-year period beginning with fiscal year 2010 to assist such States in establishing centers (consistent with subsection (b)) at academic or other nonprofit institutions to collect medical reimbursement information from health insurance issuers, to analyze and organize such information, and to make such information available to such issuers, health care providers, health researchers, health care policy makers, and the general public.”
in subsection (d)—
by redesignating such subsection as subsection (b); and
by striking “subsection (c)(1)(C)” each place that such term appears and inserting “subsection (a)”.
Sec. 3 Repeal of the authority of the Secretary of Health and Human Services to deny plan bids under Medicare parts C and D
Part C— Section 1854(a)(5)(C) of the Social Security Act (42 U.S.C. 1395w–24(a)(5)(C)) is repealed.
Effective date— The amendments made by this section shall apply to bids submitted for contract years beginning on or after January 1, 2015.
Sec. 4 Repeal of the Independent Payment Advisory Board
Effective as of the enactment of the Patient Protection and Affordable Care Act (Public Law 111–148), sections 3403 and 10320 of such Act (including the amendments made by such sections) are repealed, and any provision of law amended by such sections is hereby restored as if such sections had not been enacted into law.