Bill 119 s 46, also known as the "Expand Eligibility for Health Plan Credit Act," is a proposed piece of legislation that aims to make changes to the Internal Revenue Code of 1986 in order to broaden the scope of individuals ...
who are eligible to receive a refundable credit for coverage under a qualified health plan.
The bill seeks to expand the eligibility criteria for this refundable credit, which is currently available to individuals who meet certain income requirements and are enrolled in a qualified health plan. By expanding eligibility, more individuals would be able to receive financial assistance to help cover the costs of their health insurance premiums.
If passed, this bill would provide much-needed support to a larger number of Americans who may be struggling to afford health insurance coverage. It would also help to increase access to quality healthcare for individuals who may not currently qualify for the refundable credit under the existing criteria.
Overall, the "Expand Eligibility for Health Plan Credit Act" aims to improve the affordability and accessibility of healthcare for a broader range of individuals, ultimately working towards the goal of ensuring that all Americans have access to the healthcare they need.