Exerpt: As you know, Section 1342 of the Patient Protection and Affordable Care Act (PPACA, P.L. 111-148) directs the Secretary of Health and Human Services (HHS) to operate a risk corridor program to limit the profits and losses of qualified health plans in the individual and small group markets. However, the provision does not specify a source of funding for the program.
WASHINGTON, DC – House Energy and Commerce Committee Chairman Fred Upton (R-MI) and Senate Budget Committee Ranking Member Jeff Sessions (R-AL) sent a letter to newly-installed Health and Human Services Secretary Sylvia Burwell regarding the legal ability of HHS to issue payments to health insurance providers through the health care law’s risk corridor program.
WASHINGTON, DC – The House Energy and Commerce Committee today approved two bills that continue the committee’s efforts to create jobs, build the Architecture of Abundance, and advance energy efficiency as part of an “all-of-the-above” energy strategy.
WASHINGTON, DC – The House Energy and Commerce Committee today advanced three bipartisan bills that have moved through the Subcommittee on Health, building on a proven record of success on public health issues. The committee advanced H.R. 4299, the Improving Regulatory Transparency for New Medical Therapies Act, H.R.
Jobs and the economy. These are the main focus of House Republicans, and they continue to be top concerns among Americans. And with an underperforming economy that actually shrunk in the first quarter of 2014, it’s now more important than ever to concentrate on an agenda to boost the economy and create jobs.
Rather than build on the successes of the popular Medicare Advantage program, the president’s health care law raided hundreds of billions of dollars from Medicare Advantage in order to pay for programs unrelated to seniors. These cuts have already led to higher costs and fewer choices for seniors, and these effects have only continued to grow.