To amend the Internal Revenue Code of 1986 to treat membership in a health care sharing ministry as a medical expense, and for other purposes.

Bill 118 hr 8776, also known as the Health Care Sharing Ministry Act, aims to amend the Internal Revenue Code of 1986 to recognize membership in a health care sharing ministry as a qualified medical expense. This bill would allow individuals who are members of these ministries to deduct their membership fees and any medical expenses shared among members from their taxable income.

Health care sharing ministries are organizations where members contribute money each month to help cover each other's medical expenses. These ministries are often used as an alternative to traditional health insurance and are typically based on religious or ethical beliefs.

The purpose of this bill is to provide recognition and support for individuals who choose to participate in health care sharing ministries by allowing them to receive tax benefits similar to those who have traditional health insurance. This could potentially make health care sharing ministries a more viable option for individuals seeking affordable health care coverage. Overall, the Health Care Sharing Ministry Act seeks to provide individuals with more options for accessing affordable health care and recognizes the growing popularity of health care sharing ministries as an alternative to traditional health insurance.