Medicare Buy-In and Health Care Stabilization Act of 2021
- Last Action
- 4/29/2021
Actions
- 2021-04-29Referred to the Subcommittee on Health.
- 2021-04-28Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2021-04-28Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2021-04-28Referred to the Subcommittee on Health.
- 2021-04-28Referred to the Subcommittee on Social Security.
- 2021-04-28Introduced in House
- 2021-04-28Introduced in House
CRS Summary
As of 2021-04-28 (00)
Medicare Buy-In and Health Care Stabilization Act of 2021
This bill establishes a Medicare buy-in option for certain qualifying individuals and makes a series of other changes relating to health care costs.
Specifically, the bill allows individuals aged 50 to 64 to enroll in Medicare if such individuals would otherwise qualify for Medicare at the age of 65. The Centers for Medicare & Medicaid Services (CMS) must determine enrollment periods and set premiums for the buy-in option established under the bill, in accordance with specified requirements. The CMS must also award grants to states and nonprofit organizations for outreach and enrollment activities relating to the buy-in option.
The bill also (1) establishes a supplemental option under Medicare to cover cost-sharing for beneficiaries; (2) repeals provisions that prohibit the CMS from negotiating the prices of prescription drugs; (3) establishes an individual market reinsurance program relating to coverage of high-cost individuals, as specified; and (4) makes permanent certain increases and expansions of the premium tax credit.
Cosponsors (7)
- JOHN LARSON (D-CT)
- Joe Courtney (D-CT)
- Peter Welch (D-VT)
- TIM RYAN (D-OH)
- ZOE LOFGREN (D-CA)
- Ed Case (D-HI)
- John Yarmuth (D-KY)
Subjects
- Advisory bodies
- Congressional oversight
- Department of Health and Human Services
- Executive agency funding and structure
- Government information and archives
- Government studies and investigations
- Government trust funds
- Health care costs and insurance
- Health care coverage and access
- Health care quality
- Health information and medical records
- Health programs administration and funding
- Health promotion and preventive care
- Income tax credits
- Inflation and prices
- Insurance industry and regulation
- Medicare
- Prescription drugs
- Public contracts and procurement
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.