CCU Parity Act of 2023

1/11/2024, 8:30 AM

CCU Parity Act of 2023

This bill increases the tax credit for carbon capture and use to match incentives for carbon capture and sequestration for both direct air capture and the power and industrial sectors.
Bill 118 HR 1262, also known as the CCU Parity Act of 2023, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to address disparities in coverage for critical care units (CCUs) under health insurance plans.

The CCU Parity Act of 2023 aims to ensure that individuals who require treatment in a CCU receive the same level of coverage and benefits as those receiving treatment in other hospital units. This includes coverage for medical services, medications, and other necessary treatments.

The bill also seeks to prevent insurance companies from imposing higher out-of-pocket costs or placing restrictions on coverage for individuals receiving care in a CCU. By establishing parity in coverage for CCU patients, the legislation aims to improve access to critical care services and ensure that all individuals receive the care they need without facing financial barriers. Overall, the CCU Parity Act of 2023 is designed to promote fairness and equity in health insurance coverage for individuals requiring treatment in critical care units. It is currently under review in Congress and may undergo further revisions before potentially being passed into law.
Congress
118

Number
HR - 1262

Introduced on
2023-02-28

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

2/28/2023

Status of Legislation

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

Purpose and Summary

CCU Parity Act of 2023

This bill increases the tax credit for carbon capture and use to match incentives for carbon capture and sequestration for both direct air capture and the power and industrial sectors.
Bill 118 HR 1262, also known as the CCU Parity Act of 2023, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to address disparities in coverage for critical care units (CCUs) under health insurance plans.

The CCU Parity Act of 2023 aims to ensure that individuals who require treatment in a CCU receive the same level of coverage and benefits as those receiving treatment in other hospital units. This includes coverage for medical services, medications, and other necessary treatments.

The bill also seeks to prevent insurance companies from imposing higher out-of-pocket costs or placing restrictions on coverage for individuals receiving care in a CCU. By establishing parity in coverage for CCU patients, the legislation aims to improve access to critical care services and ensure that all individuals receive the care they need without facing financial barriers. Overall, the CCU Parity Act of 2023 is designed to promote fairness and equity in health insurance coverage for individuals requiring treatment in critical care units. It is currently under review in Congress and may undergo further revisions before potentially being passed into law.
Alternative Names
Official Title as IntroducedTo amend the Internal Revenue Code of 1986 to increase the applicable dollar amount for qualified carbon oxide which is captured and utilized for purposes of the carbon oxide sequestration credit.

Policy Areas
Taxation

Comments

Recent Activity

Latest Summary4/25/2023

CCU Parity Act of 2023

This bill increases the tax credit for carbon capture and use to match incentives for carbon capture and sequestration for both direct air capture and the power and industrial sectors.

Latest Action2/28/2023
Referred to the House Committee on Ways and Means.