,i #aafth ,,congress #ast ,session ,h4 ,r4 #bghi ,,in ,,the ,,house ,,of ,,representatives ,may #af1 #bjai,mr4 ,schweikert 7for himself1 ,mr4 ,fortenberry1 and ,mr4 ,webster of ,florida7 introduced the following bill2 which was referred to the ,committee on ,energy and ,commerce ,a ,,bill ,to amend the ,public ,health ,service ,act to establish a health insurance ,federal ,invisible ,risk ,sharing ,program4 #a4 ,health ,insurance ,federal ,invisible ,risk ,sharing ,program ,the ,public ,health ,service ,act is amended by adding at the end the following new title3 ,,xxxiv ,health ,insurance ,federal ,invisible ,risk ,sharing ,program #cdja4 ,establishment of ,federal ,invisible ,risk ,sharing ,program 7a7 ,in general ,there is established a ,federal ,invisible ,risk ,sharing ,program 7in this section referred to as the ,program71 to be administered by the ,secretary1 acting through the ,administrator of the ,centers for ,medicare ,medicaid ,services 7in this section referred to as the ,administrator71 to provide payments to health insurance issuers with respect to claims for eligible individuals for the purpose of lowering premiums for health insurance coverage offered in the individual market4 7b7 ,funding 7#a7 ,appropriations ,for the purpose of providing funding for the ,program there is appropriated1 out of any money in the ,treasury not otherwise appropriated1 #ae1jjj1jjj1jjj for the period beginning on ,january #a1 #bjba1 and ending on ,december #ca1 #bjcj4 ,such funds shall be available to the ,secretary for such purpose in such amounts and at such times during such period as specified by the ,secretary4 7#b7 ,additional funding ,in addition to amounts appropriated under paragraph 7#a71 out of any money in the ,treasury not otherwise appropriated1 there shall be appropriated to the ,secretary for each year 7after #bjba7 during the period specified in paragraph 7#a71 for purposes of carrying out the ,program1 an amount equal to the amount by which the actual sum of the premium assistance credits calculated for all taxpayers under section #cf;,b7a7 of the ,internal ,revenue ,code of #aihf for the previous year was less than the projected sum of the premium assistance credits calculated for all taxpayers under such section for such previous year4 ,amounts appropriated pursuant to the previous sentence shall remain available until expended4 7#c7 ,limitation ,amounts appropriated under this subsection are subject to the requirements and limitations under sections #ejf and #ejg of division ,h of ,public ,law #aae-ca in the same manner and to the same extent as if such amounts were appropriated under such division4 7c7 ,operation of program 7#a7 ,in general ,the ,administrator shall establish1 after consultation with health care consumers1 health insurance issuers1 ,state insurance commissioners1 and other stakeholders1 and after taking into consideration high-cost health conditions and other health trends that generate high cost1 parameters for the operation of the ,program consistent with this section4 7#b7 ,expediting initial operation 7,a7 ,deadline for initial operation ,not later than #fj days after the date of the enactment of this title1 the ,administrator shall establish sufficient parameters to specify how the ,program will operate for plan year #bjba4 7,b7 ,secretarial discretion ,to ensure the operation of the ,program in plan year #bjba1 notwithstanding paragraph 7#a71 the ,secretary may in lieu of basing eligibility for participation in the ,program on the parameters described in paragraphs 7#a7 and 7#b7 of subsection 7d7 and without consultation described in paragraph 7#a71 base such eligibility on dollar amounts of claims and specify actuarial values to be applied for such amounts4 7#c7 ,state operation of program 7,a7 ,in general ,the ,administrator shall establish a process for a ,state to operate the ,program in such ,state beginning with plan year #bjbc4 7,b7 ,immediate waivers ,such process shall allow a ,state that1 as of ,march #a1 #bjbj1 had in place a fully established high risk sharing pool or fully established reinsurance program 7as defined by the ,secretary7 to continue to operate such pool or program and not have the ,program administered by the ,secretary under this section apply to such ,state4 7d7 ,details of program ,the parameters for the ,program shall include the following3 7#a7 ,eligible individuals ,a definition for eligible individuals4 7#b7 ,standards for qualification 7,a7 ,automatic qualification ,the identification of health conditions that automatically qualify individuals as eligible individuals4 7,b7 ,voluntary qualification ,a process under which health insurance issuers may voluntarily qualify individuals1 who do not automatically qualify under subparagraph 7,a71 as eligible individuals4 7#c7 ,percentage of insurance premiums to be applied ,the percentage of the premiums paid1 to health insurance issuers for health insurance coverage by eligible individuals1 that shall be collected and deposited to the credit 7and available for the use7 of the ,program4 7#d7 ,attachment dollar amount and payment proportion ,the dollar amount of claims for eligible individuals after which the ,program will provide payments to health insurance issuers and the proportion of such claims above such dollar amount that the ,program will pay4 4