Section 1 Short title
This Act may be cited as the “CO–OP Consumer Protection Act of 2016”.
CO–OP Consumer Protection Act of 2016
AN ACT
To amend the Internal Revenue Code of 1986 to exempt from the individual mandate certain individuals who had coverage under a terminated qualified health plan funded through the Consumer Operated and Oriented Plan (CO–OP) program.
Sec. 2 Exemption from individual mandate for certain individuals who had coverage under a terminated health plan funded through the Consumer Operated and Oriented Plan (CO–OP) program
In general— Section 5000A(e) of the Internal Revenue Code of 1986 is amended by adding at the end the following new paragraph:
“(6) Certain individuals previously enrolled in health plans funded through the Consumer Operated and Oriented Plan (CO–OP) program—Any applicable individual for any month if—
“(A) such individual was enrolled in minimum essential coverage offered by a qualified nonprofit health insurance issuer (as defined in subsection (c) of section 1322 of the Patient Protection and Affordable Care Act (42 U.S.C. 18042)) receiving funds with respect to such coverage through the Consumer Operated and Oriented Plan program established under such section,
“(B) during the calendar year which includes such month, such issuer terminated such coverage in the area in which the individual resides, and
“(C) such month ends after the date on which such coverage was so terminated.”
Effective date— The amendment made by subsection (a) shall apply with respect to months beginning after December 31, 2013.