Improving Health Insurance Affordability Act of 2021

3/8/2023, 8:12 PM

Improving Health Insurance Affordability Act of 2021

This bill expands the eligibility of taxpayers for the refundable tax credit for coverage under a qualified health plan and increases cost-sharing subsidies under the Patient Protection and Affordable Care Act.

Congress
117
Number
S - 499
Introduced on
2021-03-01
# Amendments
0
Sponsors
+5
Cosponsors
+5

Variations and Revisions

3/1/2021
Text
PDF
XML

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Improving Health Insurance Affordability Act of 2021

This bill expands the eligibility of taxpayers for the refundable tax credit for coverage under a qualified health plan and increases cost-sharing subsidies under the Patient Protection and Affordable Care Act.

Alternative Names
Official Title as IntroducedA bill to amend the Internal Revenue Code of 1986 to expand eligibility for the refundable credit for coverage under a qualified health plan, to improve cost-sharing subsidies under the Patient Protection and Affordable Care Act, and for other purposes.
Policy Areas
Taxation
Potential Impact
Appropriations•
Department of Health and Human Services•
Executive agency funding and structure•
Health care costs and insurance•
Health care coverage and access•
Health programs administration and funding•
Income tax credits

Comments

Related

Bill Update Alert:  Health Care Affordability Act of 2021

Recent Activity

Latest Summary8/17/2021

Improving Health Insurance Affordability Act of 2021

This bill expands the eligibility of taxpayers for the refundable tax credit for coverage under a qualified health plan and increases cost-sharing subsidies under the Pa...

Latest Action3/1/2021
Read twice and referred to the Committee on Finance.