Private Option Health Care Act

Bill: 111-hr-5444
Sponsor: Rep. Paul, Ron [R-TX-14]
Introduced: 2010-05-27 in the House
Policy area: Health
Subjects: Alternative dispute resolution, mediation, arbitration
Comprehensive health care
Employee benefits and pensions
Health care costs and insurance
Health care coverage and access
Health care quality
Income tax credits
Income tax deductions
Income tax exclusion
Intergovernmental relations
Prescription drugs
State and local government operations
Surgery and anesthesia
Trade restrictions

Summary:
action_date: 2010-05-27
text: 
Private Option Health Care Act - Repeals the Patient Protection and Affordable Care Act (PPACA) and the Health Care and Education Reconciliation Act of 2010 and restores the provisions of law amended or repealed by such Acts as if such Acts had not been enacted.
 
Amends the Internal Revenue Code to: (1) revise the refundable tax credit for the health insurance costs of individual taxpayers to allow a full credit for health insurance plus the amount contributed to a health savings account; (2) permit up to $500 of unused health benefits under a health flexible spending arrangement to be carried over to a succeeding plan year or paid directly to an employee as compensation; (3) revise the tax deduction for contributions to a health savings account (HSA) to increase the allowable amount of such deduction and repeal the requirement for coverage under a high deductible health plan; (4) repeal the 7.5% adjusted gross income threshold for the tax deduction for medical expenses; (5) allow a tax credit for the purchase of insurance against negative outcomes from surgery, including those caused by physician malpractice; and (6) allow an exclusion from gross income for damages awarded for medical malpractice in binding arbitration.
 
Permits interstate purchase of health insurance.
 
Amends the Federal Food, Drug, and Cosmetic Act (FFDCA) to repeal provisions restricting the importation of prescription drugs. 


Legislative actions:
action_date: 2010-06-29
text: Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
action_date: 2010-05-28
text: Sponsor introductory remarks on measure. (CR E985)
action_date: 2010-05-27
text: Referred to House Rules
action_date: 2010-05-27
text: Referred to House Judiciary
action_date: 2010-05-27
text: Referred to House Natural Resources
action_date: 2010-05-27
text: Referred to House Education and Labor
action_date: 2010-05-27
text: Referred to House Ways and Means
action_date: 2010-05-27
text: Referred to House Administration
action_date: 2010-05-27
text: Referred to House Appropriations
action_date: 2010-05-27
text: Referred to the Committee on Energy and Commerce, and in addition to the Committees on Appropriations, House Administration, Ways and Means, Education and Labor, Natural Resources, the Judiciary, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2010-05-27
text: Referred to House Energy and Commerce
action_date: 2010-05-27
text: Introduced in House
action_date: 2010-05-27
text: Introduced in House