1. Short title This Act may be cited as the Premium Reduction Act of 2019 . 2. Invisible high-risk pool and reinsurance programs (a) State grants under waivers Section 1332(a) of the Patient Protection and Affordable Care Act ( 42 U.S.C. 18052(a) ) is amended— (1) by redesignating paragraphs (4), (5), and (6) as paragraphs (6), (7), and (8), respectively