U.S. Congress - H.R.4696 To expand the availability of health savings accounts, to eliminate restrictions on the...
H.R.4696 - To expand the availability of health savings accounts, to eliminate restrictions on the deduction for medical expensese, and to provide for cooperative governing of individual health insurance coverage offered in interstate commerce.
view all titles (2)All Bill Titles
- Official: To expand the availability of health savings accounts, to eliminate restrictions on the deduction for medical expensese, and to provide for cooperative governing of individual health insurance coverage offered in interstate commerce. as introduced.
- Official: To expand the availability of health savings accounts, to eliminate restrictions on the deduction for medical expenses, and to provide for cooperative governing of individual health insurance coverage offered in interstate commerce. as introduced.
This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.
Bill's Views
- Today: 1
- Past Seven Days: 4
- All-Time: 695
|
|
|
|
|
|
|
|
Official Summary
2/25/2010--Introduced.Amends the Internal Revenue Code to revise provisions related to health savings accounts, including to: (1) adjust the amount allowable as a deduction for health savings accounts; and (2) eliminate the restriction on purchasing health insurance from a health savings aOfficial Summary
2/25/2010--Introduced.Amends the Internal Revenue Code to revise provisions related to health savings accounts, including to:(1) adjust the amount allowable as a deduction for health savings accounts; and
(2) eliminate the restriction on purchasing health insurance from a health savings account. Eliminates the gross income percentage limitation on the tax deduction for medical expenses. Amends the Public Health Service Act to provide that the laws of the state designated by a health insurance issuer (primary state) shall apply to individual health insurance coverage offered by that issuer in the primary state and in any other state (secondary state), but only if the coverage and issuer comply with the conditions of this Act. Exempts issuers from any secondary state's laws that would prohibit or regulate the operation of the issuer in such state, subject to certain restrictions imposed by such state. Requires each issuer issuing individual health insurance coverage in both primary and secondary states to submit to the insurance commissioners of such states:
(1) a copy of the plan of operation or feasibility study;
(2) written notice of any change in its designation of its primary state and of its compliance with all the laws of the primary state; and
(3) a quarterly financial statement. Prohibits an issuer from offering, selling, or issuing individual health insurance coverage in a secondary state if the state insurance commissioner does not use a risk-based capital formula for the determination of capital and surplus requirements for all issuers. Gives sole jurisdiction to the primary state to enforce the primary state's covered laws in the primary state and any secondary state.
...Read the Rest
Recent News Coverage
Hmmmm, no news coverage found for this bill at this time. This means that this this bill has not yet been mentioned on a publicly-searchable news website by either its official number (for example, "H.R. 3200") or title (for example, "America's Affordable Health Choices Act of 2009"). As soon as that changes, our daily automated search across the Web will catch it and include it here. If this bill is of interest to you, you can write a letter to the editor referring to this bill by name, and if your letter is published on the Web, a link back your letter will appear here within about one day. Or, if you know of a news article about this bill to display here, email us the web address of this page and the web address of your suggested news article: Our editorial team will post relevant links as quickly as possible. Thanks for helping to build public knowledge about Congress.
Recent Blog Coverage
CompliancEX: The U.S. Congress Review Saturday, March 6, 2010
H.R. 4696: No Specific Name Provided to Bill. A bill introduced by Rep. Michele Bachmann to expand the availability of health savings accounts, to eliminate restrictions on the deduction for medical expense, and to provide for ...
HR 4696, To expand the availability of health savings accounts, to ...
HR 4696 would expand the availability of health savings accounts, it would eliminate restrictions on the deduction for medical expensese, and it would provide for cooperative governing of individual health insurance coverage offered in ...
Bill Action: Introduced: HR 4696: To expand the availability of ...
Michele Bachmann [R-MN6] introduced HR 4696: To expand the availability of health savings accounts, to eliminate restrictions on the deduction for medical expensese, and to provide for cooperative governing of individual health ...
Vote on This Bill
-
Share This Bill
More Share via Email
