Sec. 301. Modified treatment of territories with respect to application of ACA annual health insurance provider fees
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Section 9010 of the Patient Protection and Affordable Care Act ( 26 U.S.C. 4001 note prec.) is amended— in subsection (b)(1), by inserting subject to subsection (k)(1), after With respect to each covered entity, ; and by adding at the end the following: In applying this section with respect to United States health risks located outside of the 50 States or the District of Columbia for years beginning with 2020— the amount of the fee under subsection
(b)shall be 50 percent of the amount of the fee otherwise determined; the Secretary shall deposit the amount of such fees collected for each territory into a separate account; and amounts in such an account for a territory for a year are appropriated and shall be available to the territory in accordance with paragraph (2). Amounts made available to a territory under paragraph (1)(C) with respect to a territory for a year shall be made available to the territory, upon application of the territory to the Secretary of Health and Human Services, only for the following purposes, as elected by the territory in such application: For increasing the amount of funds made available to the territory under section 1935(e)(3) of the Social Security Act ( 42 U.S.C. 1396u–5(e)(3) ) for assistance for low-income part D eligible individuals in obtaining part D covered drugs. For the territory to meet non-Federal matching requirements imposed with respect to obtaining Federal financial participation under title XIX of the Social Security Act. .
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- 42 USC 1396u–5(e)(3)
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Sec. 301
Modified treatment of territories with respect to application of ACA annual health insurance provider fees
Cite42 USC 1396u–5(e)(3)
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