Chronic Disease Flexible Coverage Act

Hozzl · 2024-09-18T15:05:18Z

Explore the details of House Bill 3800 Chronic Disease Flexible Coverage Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

9/18/2024, 3:05 PM

Summary of Bill HR 3800

Bill 118 hr 3800, also known as the Chronic Disease Flexible Coverage Act, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to provide individuals with chronic diseases greater flexibility in managing their healthcare coverage.

If passed, this bill would require insurance companies to offer coverage options that specifically address the needs of individuals with chronic diseases. This could include things like expanded coverage for prescription medications, specialized treatments, and preventative care services.

Additionally, the Chronic Disease Flexible Coverage Act aims to reduce the financial burden on individuals with chronic diseases by capping out-of-pocket expenses and providing subsidies for those who qualify based on income level. Overall, this bill seeks to improve the quality of life for individuals with chronic diseases by ensuring they have access to the necessary healthcare services and treatments they need to manage their conditions effectively. It also aims to make healthcare more affordable for these individuals by providing financial assistance and capping out-of-pocket expenses.

Congressional Summary of HR 3800

Chronic Disease Flexible Coverage Act

This bill provides statutory authority for certain guidance from the Internal Revenue Service (IRS) that expands the types of preventive care that may be offered under high deductible health plans (HDHPs) without a deductible.

In 2019, the IRS issued guidance that allows HDHPs to cover certain items and services for individuals with chronic conditions without a deductible, including medications and monitoring devices for those with diabetes or heart conditions. The bill provides statutory authority for this guidance.

Read the Full Bill

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Current Status of Bill HR 3800

Bill HR 3800 is currently in the status of Passed in House since September 17, 2024. Bill HR 3800 was introduced during Congress 118 and was introduced to the House on June 5, 2023. Bill HR 3800's most recent activity was Motion to reconsider laid on the table Agreed to without objection. as of September 17, 2024

Bipartisan Support of Bill HR 3800

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

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Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 3800

Primary Policy Focus

Taxation

Potential Impact Areas

- Health care costs and insurance

- Health care coverage and access

- Health promotion and preventive care

- Income tax deductions

Alternate Title(s) of Bill HR 3800

Chronic Disease Flexible Coverage Act

To codify Internal Revenue Service guidance relating to treatment of certain services and items for chronic conditions as meeting the preventive care deductible safe harbor for purposes of high deductible health plans in connection with health savings accounts.