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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

- 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

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