Congress 108 - HR 2114 - Health Access and Flexibility Act of 2003

Sponsor

Cosponsors

Topics

Coinsurance Commerce Cost of living adjustments Economics and Public Finance Electronic funds transfers Employee health benefits Families Federal aid to child health services Finance and Financial Sector Flexible benefit plans Government Operations and Politics Government paperwork Health Health insurance Income tax Indexing (Economic policy) Insurance premiums Labor and Employment Medicaid Medical economics Medical savings accounts Medically uninsured Poor children Preventive medicine Science, Technology, Communications Tax deductions Tax exclusion Tax penalties Tax returns Taxation

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Votes

Summary

Health Access and Flexibility Act of 2003 - Amends the Internal Revenue Code with respect to Archer medical savings accounts to: (1) eliminate such accounts' availability to only self-employed individuals and employees of small employers; (2) repeal the 750,000 limitation on the number of such accounts; (3) reduce the permitted minimum deductibles on qualifying high deductible plans to $1,000 (single coverage), and $2,000 (family coverage); (4) increase the monthly (and thus the annual) deduction limitation permitted for account contributions; (5) permit employer and employee contributions to be made to an account; (6) make cost-of-living adjustments applicable to only high deductible plan maximums; and (7) provide for 60-day rollovers from a health flexible spending arrangement to an account.

Amends title XIX of the Social Security Act (Medicaid) to authorize a State to provide alternative medical benefits for eligible population groups which shall consist of at least: (1) coverage for medical expenses in a year after a catastrophic deductible has been met; and (2) contribution into a medical freedom account (as defined by this Act).

Actions

May 21, 2003

Referred to the Subcommittee on Health.
May 20, 2003

Referred to the Subcommittee on Health.
May 15, 2003

Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
May 15, 2003

Introduced in House

Amendments

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