H.R.6703 — Lower Health Care Premiums for All Americans Act
House Roll Call
H.R.6703
| Bill | H.R.6703 — Lower Health Care Premiums for All Americans Act |
|---|---|
| Vote question | On Passage |
| Vote type | Yea-and-Nay |
| Result | Passed |
| Totals | Yea 216 / Nay 211 / Present 0 / Not Voting 6 |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| R | 216 | 1 | 0 | 3 |
| D | 0 | 210 | 0 | 3 |
| I | 0 | 0 | 0 | 0 |
Research Brief
On Passage
Bill Analysis
Summary of HR 6703: Lower Health Care Premiums for All Americans Act
The Lower Health Care Premiums for All Americans Act (HR 6703) aims to reduce health insurance premiums for individuals and families across the United States. The bill seeks to achieve this by enhancing the affordability of health care coverage through various mechanisms, including increased subsidies for health insurance purchased through the Health Insurance Marketplace established by the Affordable Care Act (ACA).
Funding and Authorities: The legislation proposes to allocate additional funding to expand premium tax credits, making them more accessible to a broader range of income levels. This includes adjustments to the eligibility criteria for subsidies, ensuring that more Americans qualify for financial assistance when obtaining health insurance. The bill also emphasizes the importance of maintaining and strengthening the ACA’s existing provisions.
Programs and Agencies Affected: The bill primarily impacts the Health Insurance Marketplace, the Internal Revenue Service (IRS), and state-based health insurance exchanges. It may also affect the Centers for Medicare & Medicaid Services (CMS) as they oversee the implementation of health care policies under the ACA.
Beneficiaries and Regulation: The primary beneficiaries of HR 6703 are individuals and families purchasing health insurance through the Marketplace, particularly those who have previously been ineligible for subsidies or have faced high premiums. Additionally, the bill may indirectly benefit health care providers and insurers by increasing the number of insured individuals, thereby reducing uncompensated care costs.
Key Timelines: Following its introduction, HR 6703 was referred to the Committee on Energy and Commerce, as well as the Committees on Education and Workforce and Ways and Means. The timeline for further consideration and potential amendments will be determined by the Speaker of the House, with no specific dates currently established for committee discussions or votes. The bill’s progress will be closely monitored as it moves through the legislative process.
Yea (216)
K
Ken Calvert
S
Scott Franklin
L
Lisa McClain
J
John Rutherford
D
David Schweikert
P
Pete Sessions
Nay (211)
J
Jason Crow
L
Lloyd Doggett
J
John Garamendi
J
John Mannion
R
Rashida Tlaib
N
Nydia Velázquez
D
Debbie Wasserman Schultz
