World's Greatest Healthcare Plan Act of 2016

Bill: 114-hr-5284
Sponsor: Rep. Sessions, Pete [R-TX-32]
Introduced: 2016-05-19 in the House
Policy area: Health
Subjects: Abortion
Bank accounts, deposits, capital
Bankruptcy
Business ethics
Civil actions and liability
Emergency medical services and trauma care
Employee benefits and pensions
Federal preemption
Health care costs and insurance
Health care coverage and access
Health care quality
Health facilities and institutions
Health personnel
Health programs administration and funding
Income tax credits
Income tax deductions
Income tax exclusion
Insurance industry and regulation
Intergovernmental relations
Licensing and registrations
Medicaid
Medical ethics
Medicare
Sales and excise taxes
State and local government operations

Summary:
action_date: 2016-05-19
text: 

World's Greatest Healthcare Plan Act of 2016

 
This bill amends the Internal Revenue Code to repeal the requirements for individuals to maintain minimum essential coverage and for large employers to offer affordable coverage to full time employees.
 
Health insurance is no longer required to cover preventive care at no cost or include the essential health benefits.
 
Individuals enrolling in health insurance who have not maintained continuous coverage over the previous 12 months are charged an extra 20% on premiums for each consecutive year without coverage, unless the individual is subject to similar state incentives to maintain coverage.
 
States may enroll uninsured residents in high deductible health plans. Individuals must be permitted to opt-out of this coverage.
 
The Department of Health and Human Services (HHS) must develop a risk adjustment mechanism for health insurance in the individual market.
 
For residents of a state to qualify for premium subsidies or the health insurance tax credit in this bill, the state must permit health insurance with an annual limit on benefits to be sold on its exchange.
 
The bill establishes an advanceable, refundable health insurance tax credit for taxpayers enrolled in health coverage.
 
States may: (1) apply to HHS to use unclaimed health insurance tax credits for indigent health care; and (2) enroll Medicaid-eligible individuals in health insurance that qualifies for the tax credit instead of in Medicaid, at the individual's option.
 
The bill establishes Roth HSAs (health savings accounts) for paying certain medical expenses and health insurance premiums.
 
The tax deduction for medical expenses is eliminated.
 This bill amends title XIX (Medicaid) and title XVIII (Medicare) of the Social Security Act, including to turn federal Medicaid payments into block grants.

Legislative actions:
action_date: 2016-09-19
text: Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
action_date: 2016-06-02
text: Referred to the Subcommittee on Health.
action_date: 2016-05-19
text: Referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, and Education and the Workforce, 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: 2016-05-19
text: Referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, and Education and the Workforce, 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: 2016-05-19
text: Referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, and Education and the Workforce, 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: 2016-05-19
text: Referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, and Education and the Workforce, 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: 2016-05-19
text: Introduced in House
action_date: 2016-05-19
text: Introduced in House