Adds a new section (section 1314, “Public health insurance option”) to Part 2 of subtitle D of title I of the Patient Protection and Affordable Care Act (42 U.S.C. 18031 et seq.), establishing a federally offered public health insurance option, rules for administration, financing, provider participation, and related requirements.

Amends the definition and related provisions for “qualified health plan” to add the public health insurance option as a type of qualified health plan and makes related insertions into specified paragraphs of subsection (a).

Amends subsection (a) of 42 U.S.C. 18044 by inserting additional material into that subsection (text of the insertion not specified in this section).