Improving Health Insurance Affordability Act of 2021

Senate Bill 499 - Improving Health Insurance Affordability Act of 2021: Overview, Status, and Impact

Hozzl · 2023-03-08T20:12:49Z

Explore the details of Senate Bill 499 Improving Health Insurance Affordability Act of 2021 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

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.

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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

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 499

Primary Policy Focus

Taxation

Potential Impact Areas

- 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

Alternate Title(s) of Bill S 499

Improving Health Insurance Affordability Act of 2021

A 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