Fairness for Lost Coverage Act of 2013

Bill: 113-hr-3376
Sponsor: full_name: Rep. Long, Billy [R-MO-7]
Introduced: 2013-10-29
Policy area: Taxation
Subjects: Comprehensive health care

Health care costs and insurance

Health care coverage and access

Sales and excise taxes

Tax administration and collection, taxpayers
Latest action: action_date: 2013-10-29
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2013-10-29
action_desc: Introduced in House
text: <p>Fairness for Lost Coverage Act of 2013 - Prohibits any of the 12 months beginning with the first month of an applicable individual's loss of health insurance coverage from being taken into account in applying the Internal Revenue Code requirement to maintain minimum essential coverage.</p> <p>Defines &quot;applicable individual&quot; as an individual who: (1) has coverage (whether as a principal or a dependent of another individual) under an employer-sponsored health plan or individual health insurance coverage for the last month of a plan year beginning during 2013, and (2) loses such coverage beginning with the first month of the subsequent plan year because of the plan's or coverage's termination and not because of any termination or change of the individual's employment, the individual's failure to pay premiums, or any other reasons within the individual's control. </p>

tv_txt: I 113th CONGRESS 1st Session H. R. 3376 IN THE HOUSE OF REPRESENTATIVES October 29, 2013 Mr. Long (for himself, Mr. Meehan , Mr. Calvert , and Mr. Bachus ) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To provide a 12-month exemption from the health insurance mandate for individuals whose employer-sponsored health plan coverage or individual health insurance coverage is terminated for a plan year beginning during 2014, and for other purposes.

1. Short title This Act may be cited as the Fairness for Lost Coverage Act of 2013 . 2. 12-month exemption from ACA mandate for individuals who lose health plan or insurance coverage for the plan year beginning during 2014 (a) In general Notwithstanding any other provision of law, in the case of an applicable individual (as defined in subsection (b)), none of the 12 months beginning with the first month of the loss of coverage described in subsection (b)(2) shall be taken into account in applying section 5000A of the Internal Revenue Code of 1986. (b) Applicable individual defined In subsection (a), the term applicable individual means an individual who— (1) has coverage (whether as a principal or dependent of another individual) under an employer-sponsored health plan or individual health insurance coverage for the last month of a plan year beginning during 2013; and (2) loses such coverage beginning with the first month of the subsequent plan year because of the termination of such plan or insurance coverage and not because of the termination or change of employment of the individual or the individual’s failure to pay premiums or other reasons within the control of the individual.