3.0.0 761 2023-01-11T13:36:11Z 2023-01-11T13:36:11Z Senate S 2017-03-29 115 ssfi00 Finance Committee Senate Standing Referred to 2017-03-29T17:37:48Z Freedom from the ACA Tax Penalty Act 115 2516 HR 2017-05-18 Referred to the House Committee on Ways and Means. Related bill CRS Health Care Options Act of 2017 115 1933 HR 2017-04-07 Referred to the Subcommittee on Health. Identical bill CRS No Coverage, No Penalty Act 115 2086 HR 2017-04-12 Referred to the House Committee on Ways and Means. Related bill CRS 2017-03-29 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2100-2101) IntroReferral 2017-03-29 Introduced in Senate IntroReferral 10000 9 Library of Congress A000360 Sen. Alexander, Lamar [R-TN] Lamar Alexander R TN N C001071 Sen. Corker, Bob [R-TN] Bob Corker R TN 2017-03-29 True Taxation Health care costs and insurance Health care coverage and access Income tax credits Sales and excise taxes Taxation 00 2017-03-29 Introduced in Senate 2017-06-19T15:04:12Z Health Care Options Act of 2017

This bill amends the Internal Revenue Code to temporarily permit certain individuals to use the premium assistance tax credit to purchase health insurance outside of an exchange established under the Patient Protection and Affordable Care (PPACA).

The bill applies to individuals who reside in a rating area or county that the Department of Health and Human Services has certified has no qualified health plans offered through an exchange established under PPACA.

Individuals residing in the areas or counties may use the premium assistance tax credit through 2019 to enroll in a plan outside of an exchange if the plan is: (1) authorized by the state in which the taxpayer resides to be offered in the individual market, or (2) is a not-for-profit membership organization that is organized and authorized under state law to accept member contributions to fund health care benefits for members and their families.

The bill prohibits advance payments of the credit from being made with respect to the off-exchange plans and specifies reporting requirements for the plans.

Through 2019, the bill also exempts the individuals residing in the counties or areas from the requirement to maintain minimum essential health coverage (commonly referred to as the individual mandate).

]]> Health Care Options Act of 2017 Display Title Health Care Options Act of 2017 Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to allow individuals to receive a premium assistance credit for insurance not purchased on an Exchange, and for other purposes. Introduced in Senate IS Short Titles as Introduced Health Care Options Act of 2017 Introduced in Senate 2017-03-29T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115s761is/xml/BILLS-115s761is.xml 2017-03-29 Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2100-2101) 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.