,i  #aacth ,,congress  #b;d ,session    
,h4 ,r4 #chea  ,,in ,,the ,,house ,,of  
,,representatives  ,january #aj1        
#bjad,mr4 ,lance introduced the         
following bill2 which was referred to   
the ,committee on ,energy and ,commerce 
,a ,,bill  ,to repeal sections #acda and
 #acdb of the ,patient ,protection and  
,affordable ,care ,act1 and for other   
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,no ,bailouts for   
,insurance ,industry ,act of #bjad4  #b4
 ,findings2 purpose  7a7 ,findings      
,congress finds the following3 7#a7     
,according to the most recent ,united   
,states ,census1 employer-based health  
insurance is the largest source of      
health insurance coverage in the ,united
 ,states4 ,of those employed1 #gj       
percent receive employment-based health 
insurance4 ,of unemployed ,americans1   
#cj percent receive employer-sponsored  
health insurance4  7#b7 ,despite the    
large percentages of coverage1 as health
 care costs climb1 the percentage of    

,americans who receive health insurance 
through employers has fallen            
significantly over the last decade--from
 #gj percent nationwide in #bjjj to #fj 
percent in #bjaa1 according to a report 
by the ,robert ,wood ,johnson           
,foundation4  7#c7 ,according to recent 
surveys done by the ,national ,business 
,group on ,health and the ,kaiser       
,family ,foundation1 most companies     
continue to provide health insurance for
 employees and wish to continue doing so
 into the future4  7#d7 ,employers that 
offer insurance will not contribute     
additional risk to the ,health          
,insurance ,exchanges established in the
 ,patient ,protection and ,affordable   
,care ,act 7in this ,act referred to as 
,,ppaca74  7#e7 ,the transitional       
reinsurance program1 established in     
section #acda of ,,ppaca1 is intended to
 stabilize risk in the individual health
 insurance market during the first three
 years of the ,health ,insurance        
,exchanges1 as established by that ,act4

  7#f7 ,,ppaca also requires that the   
,treasury collect a fee for each        
employer-sponsored covered life in order
 to pay for the transitional reinsurance
 program4  7#g7 ,this fee is a          
disincentive for employers to continue  
offering coverage to all employees1 and 
does not give employers any benefits of 
the transitional reinsurance program4   
7b7 ,purpose ,it is the purpose of this 
,act to remove the current funding      
mechanism for the transitional          
reinsurance program in order that       
employer-sponsored insurance is         
supported so that ,americans can sustain
 quality health coverage4  #c4 ,repeal  
of sections #acda and #acdb of ,,ppaca  
7a7 ,repeal of section #acda  7#a7 ,in  
general ,section #acda of ,,ppaca 7#db  
,u4,s4,c4 #ahjfa7 is repealed4  7#b7    
,effective date ,the repeal of such     
section shall apply to plan years       
beginning after the date of the         
enactment of this ,act4  7#c7           
,application ,in applying such section  

before the effective date of such       
repeal-- 7,a7 any reference in such     
section to the #c-year period beginning 
,january #a1 #bjad or to the #cf-month  
period beginning ,january #a1 #bjad is  
deemed a reference to the period        
beginning ,january #a1 #bjad1 and ending
 on the date of the enactment of this   
,act2  7,b7 with respect to the amounts 
specified in clauses 7iii7 and 7iv7 of  
subsection 7b77#c77;,b7 of such section1
 the amounts for #bjad shall be reduced 
in a pro-rata manner to reflect only the
 portion of #bjad occurring before the  
date of the enactment of this ,act and  
no amounts shall be provided for periods
 after such date2  7,c7 in applying     
subsection 7b77#d77;,a7 of such section1
 amounts collected may only be used for 
#bjad and1 notwithstanding subsection   
7b77#d77;,b7 of such section1 amounts   
remaining unexpended as of ,december    
#bjad shall be returned1 in a pro rata  
manner1 to health insurance issuers     
making contributions under such section2

 and  7,d7 the reference in subsection  
7c77#a77;,a7 of such section to the     
first #c years of operation shall be    
deemed a reference to the period of     
operation ending not later than         
,december #ca1 #bjad4  7#d7             
,construction ,nothing in this          
subsection shall be construed as        
affecting the authority of a ,state1    
without regard to section #acda of      
,,ppaca1 to implement reinsurance       
programs with respect to health         
insurance coverage offered in the       
,state4  7b7 ,repeal of section #acdb   
7#a7 ,in general ,section #acdb of      
,,ppaca 7#db ,u4,s4,c4 #ahjfb7 is       
repealed4  7#b7 ,effective date ,the    
repeal made by paragraph 7#a7 shall     
apply to calendar years beginning after 
the date of the enactment of this ,act4