1. Short title
This Act may be cited as the “Fair Indexing for Health Care Affordability Act”.
Fair Indexing for Health Care Affordability Act
A BILL
To amend the Patient Protection and Affordable Care Act to require the Secretary of Health and Human Services to set forth a method of determining maximum out-of-pocket limits and annual updates to premium tax credit eligibility.
2. Premium adjustment percentage
Section 1302(c)(4) of the Patient Protection and Affordable Care Act (42 U.S.C. 18022(c)(4)) is amended by striking “calendar year)” and inserting “calendar year, based on estimates and projections for the applicable calendar year of the percentage (if any) by which the average per enrollee premium for employer-sponsored insurance exceeds such average per enrollee premium for the preceding calendar year, as published in the National Health Expenditure Accounts)”.