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Code · BILL · 115th Congress · S. 2708 (Introduced in Senate) — To provide for the establishment of Medicare part E public health plans, and for other purposes. · Sec. 8

Sec. 8. Reinsurance program

119 words·~1 min read·/bill/115/s/2708/is/section-8

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Part 5 of subtitle D of title I of the Patient Protection and Affordable Care Act is amended by inserting after section 1341 ( 42 U.S.C. 18061 ) the following: The Secretary, in consultation with the National Association of Insurance Commissioners, shall establish a program to enable each State to carry out a reinsurance program consistent with the provisions described in section 1341 for any plan year beginning in the 3-year period beginning January 1, 2019. There is appropriated, out of any money in the Treasury not otherwise appropriated, $10,000,000,000 for the period of fiscal years 2019 through 2021 for purposes of establishing and administering the program established under this section.
Such amount shall remain available until expended. .
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Sec. 8
Reinsurance program
U.S.C.§ 18061
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