Health Care Affordability Act of 2025

2/6/2025, 9:06 AM

Summary of Bill HR 247

Bill 119 HR 247 aims to make changes to the Internal Revenue Code of 1986 in order to broaden the eligibility criteria for the refundable credit for coverage under a qualified health plan. This credit is designed to help individuals afford health insurance by providing a refundable tax credit.

The proposed changes in this bill would allow more individuals to qualify for this credit, potentially increasing access to affordable health insurance for a larger portion of the population. By expanding eligibility, the bill seeks to address the issue of healthcare affordability and improve access to healthcare services for more Americans.

Overall, Bill 119 HR 247 is focused on making healthcare more accessible and affordable for individuals by expanding eligibility for the refundable credit for coverage under a qualified health plan. This bill is an important step towards improving healthcare access and affordability in the United States.

Current Status of Bill HR 247

Bill HR 247 is currently in the status of Bill Introduced since January 9, 2025. Bill HR 247 was introduced during Congress 119 and was introduced to the House on January 9, 2025.  Bill HR 247's most recent activity was Referred to the House Committee on Ways and Means. as of January 9, 2025

Bipartisan Support of Bill HR 247

Total Number of Sponsors
6
Democrat Sponsors
6
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
119
Democrat Cosponsors
119
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 247

Primary Policy Focus


Alternate Title(s) of Bill HR 247

To amend the Internal Revenue Code of 1986 to expand eligibility for the refundable credit for coverage under a qualified health plan.To amend the Internal Revenue Code of 1986 to expand eligibility for the refundable credit for coverage under a qualified health plan.
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