II 110th CONGRESS 1st Session S. 46 IN THE SENATE OF THE UNITED STATES January 4, 2007 Mr. Ensign (for himself, Mr. DeMint, Mr. Graham, and Mr. Coburn) introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To amend the Internal Revenue Code of 1986 to expand the permissible use of health savings accounts to include premiums for non-group high deductible health plan coverage.

1.

Short title

This Act may be cited as the Affordability in the Individual Market Act.

2.

Use of health savings accounts for non-group high deductible health plan premiums

(a)

In general

Section 223(d)(2)(C) of the Internal Revenue Code of 1986 (relating to exceptions) is amended by striking or at the end of clause (iii), by striking the period at the end of clause (iv) and inserting , or, and by adding at the end the following new clause: (v)a high deductible health plan, other than a group health plan (as defined in section 5000(b)(1)). . (b)

Effective date

The amendment made by this section shall apply to taxable years beginning after December 31, 2007.