Improving Health Insurance Affordability Act of 2021

3/8/2023, 8:12 PM

Congressional Summary of S 499

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.

Current Status of Bill S 499

Bill S 499 is currently in the status of Bill Introduced since March 1, 2021. Bill S 499 was introduced during Congress 117 and was introduced to the Senate on March 1, 2021.  Bill S 499's most recent activity was Read twice and referred to the Committee on Finance. as of March 1, 2021

Bipartisan Support of Bill S 499

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
15
Democrat Cosponsors
15
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 499

Primary Policy Focus

Taxation

Potential Impact Areas

AppropriationsDepartment of Health and Human ServicesExecutive agency funding and structureHealth care costs and insuranceHealth care coverage and accessHealth programs administration and fundingIncome tax credits

Alternate Title(s) of Bill S 499

Improving Health Insurance Affordability Act of 2021A 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.Improving Health Insurance Affordability Act of 2021
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