3.0.0 1303 2019-11-15T21:52:57Z 2019-11-15T21:52:57Z Senate S S 2005-06-23 109 ssfi00 Finance Committee Senate Standing Referred to 2005-06-23T23:42:39Z MediKids Health Insurance Act of 2005 109 3055 HR 2005-07-01 Referred to the Subcommittee on Health, for a period to be subsequently determined by the Chairman. Identical bill CRS 2006-07-27 Sponsor introductory remarks on measure. (CR S8379) IntroReferral B00100 9 Library of Congress 2005-06-23 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S7308-7312) IntroReferral 2005-06-23 Sponsor introductory remarks on measure. (CR S7308) IntroReferral B00100 9 Library of Congress 2005-06-23 Introduced in Senate IntroReferral 10000 9 Library of Congress R000361 Sen. Rockefeller, John D., IV [D-WV] JAY ROCKEFELLER D WV N R000122 Sen. Reed, Jack [D-RI] John Reed D RI F. 2005-06-23 True L000123 Sen. Lautenberg, Frank R. [D-NJ] FRANK LAUTENBERG D NJ R. 2005-06-23 True C001042 Sen. Corzine, Jon S. [D-NJ] JON CORZINE D NJ S. 2005-06-23 True S000064 Sen. Sarbanes, Paul S. [D-MD] PAUL SARBANES D MD SPYROS 2005-06-23 True K000148 Sen. Kerry, John F. [D-MA] JOHN KERRY D MA FORBES 2005-06-23 True Health Catastrophic health insurance Child health Comprehensive health care Congress Congressional investigations Congressional reporting requirements Drugs Economics and Public Finance Executive reorganization Families Federal aid to child health services Finance and Financial Sector Government Operations and Politics Government publicity Government trust funds Health insurance Identification devices Income tax Insurance premiums Managed care Medicaid Medical screening Medical tests Medically uninsured Medicare Medicare Payment Advisory Commission National health insurance Poor children Preventive medicine Science, Technology, Communications Social Welfare Tax credits Tax rates Tax refunds Taxation Telephone Health 00 2005-06-23 Introduced in Senate 2005-07-01T16:34:51Z MediKids Health Insurance Act of 2005 - Amends the Social Security Act to add a new title XXII (Medikids Program) to provide for health insurance coverage for all children born after December 31, 2006, in a program modeled after Medicare that also includes prescription drugs and reduced cost-sharing for low-income children.

Directs the Secretary of Health and Human Services, during September of each year, to establish a monthly Medikids premium for the following year.

Establishes in the Treasury the Medikids Trust Fund to contain the Medikids premiums collected under the Internal Revenue Code.

Amends title XVIII to increase Medicare Payment Advisory Commission (MEDPAC) membership to 19.

Amends the Internal Revenue Code to impose a Medikids premium for the taxable year on a taxpayer with a dependent enrolled in the MediKids program, with exceptions for very low-income taxpaters.

Provides that in the case of a taxpayer who has a MediKid at any time during the taxable year, there shall be allowed as a refundable credit against income taxes an amount equal to the excess of: (1) the amount paid by the taxpayer during the taxable year as cost-sharing; over (2) 5% of the taxpayer's adjusted gross income for the taxable year.

Directs the Secretary of the Treasury to propose a gradual schedule of progressive tax changes to fund the MediKids program as the number of enrollees grows in the out-years.

]]> MediKids Health Insurance Act of 2005 Short Titles as Introduced MediKids Health Insurance Act of 2005 Display Title MediKids Health Insurance Act of 2005 Official Title as Introduced A bill to amend the Social Security Act to guarantee comprehensive health care coverage for all children born after 2006. Introduced in Senate 2005-06-23T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109s1303is/xml/BILLS-109s1303is.xml 2006-07-27 Sponsor introductory remarks on measure. (CR S8379) text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.