Countdown to Coverage Act of 2007 - Provides that if legislation ensuring accessible, affordable, and meaningful health insurance for all Americans is not enacted before the adjournment sine die of the 111th Congress: (1) federal contributions under the Federal Employees Health Benefits (FEHB) Program for Members of Congress shall be prohibited; and (2) Members shall pay 100% of all premiums for such Programs.
Requires the Institute of Medicine to notify the Office of Personnel Management (OPM), the Secretary of the Senate, and the Chief Administrative Officer (CAO) of the House of Representatives: (1) that such legislation has not been enacted, if it has not been; and (2) the dates and adjustments required to take effect under this Act.
Requires, upon receipt of such notice, OPM, the Secretary, and the CAO to make such adjustments.