Fair Indexing for Health Care Affordability Act
This bill revises the method for determining the annual per capita change in health insurance premiums for the purpose of determining the premium adjustment percentage that is used to establish the annual limits on cost sharing for health insurance plans.
To set forth a method of determining maximum out-of-pocket limits and 
  annual updates to premium tax credit eligibility under the Patient 
                  Protection and Affordable Care Act.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Fair Indexing for Health Care 
Affordability Act''.

SEC. 2. PREMIUM ADJUSTMENT PERCENTAGE.

    (a) In General.--Section 1302(c)(4) of the Patient Protection and 
Affordable Care Act (42 U.S.C. 18022(c)(4)) is amended by striking 
``calendar year)'' and inserting ``calendar year, based on estimates 
and projections of changes for the applicable year in the average per 
enrollee employer-sponsored insurance premiums provided by the National 
Health Expenditure Accounts)''.
    (b) Effective Date.--The amendment made by subsection (a) shall 
take effect on January 1, 2022.
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Fair Indexing for Health Care Affordability Act
A bill to set forth a method of determining maximum out-of-pocket limits and annual updates to premium tax credit eligibility under the Patient Protection and Affordable Care Act.
Fair Indexing for Health Care Affordability Act
Sen. Shaheen, Jeanne