Summary
Funding for the Children’s Health Insurance Program (CHIP) is set to expire September 30. This week, the Senate Finance Committee introduced bipartisan legislation—Keep Kids’ Insurance Dependable and Secure Act (KIDS Act, S. 1927)—to extend funding for five years. The bill maintains the Affordable Care Act’s (ACA) 23-percentage-point increase in the enhanced federal matching rate through fiscal year (FY) 2019.