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.

Hozzl · 2025-03-26T02:03:32Z

Explore the details of House Bill 2062 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. currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

3/26/2025, 2:03 AM

Summary of Bill HR 2062

Bill 119 HR 2062, also known as the Health Care Sharing Ministry Act, aims to make changes to the Internal Revenue Code of 1986 regarding the treatment of membership in a health care sharing ministry as a medical expense.

Under this bill, individuals who are members of a health care sharing ministry would be able to deduct their membership fees as a medical expense on their taxes. This would provide financial relief for those who choose to participate in these ministries as an alternative to traditional health insurance.

In addition to this main provision, the bill also includes other purposes related to health care sharing ministries. These may include clarifications on the eligibility requirements for membership, regulations on how funds are distributed among members, and guidelines for how these ministries operate within the healthcare system. Overall, the Health Care Sharing Ministry Act seeks to recognize and support the role of health care sharing ministries in providing healthcare coverage for individuals and families. It aims to make it easier for members to afford their healthcare expenses and promote alternative options for healthcare coverage.

Congressional Summary of HR 2062

This bill provides that amounts paid for membership in a health care sharing ministry, including amounts paid for the sharing of medical expenses and administrative fees, are a tax-deductible medical expense. (Health care sharing ministries are faith-based organizations with members who share a common set of ethical or religious beliefs and who contribute regular payments to cover the medical expenses of other members.)

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Current Status of Bill HR 2062

Bill HR 2062 is currently in the status of Bill Introduced since March 11, 2025. Bill HR 2062 was introduced during Congress 119 and was introduced to the House on March 11, 2025. Bill HR 2062's most recent activity was Referred to the House Committee on Ways and Means. as of March 11, 2025