I 112th CONGRESS 2d Session H. R. 4224 IN THE HOUSE OF REPRESENTATIVES March 20, 2012 Mr. Broun of Georgia introduced the following bill; which was referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, Education and the Workforce, the Judiciary, Natural Resources, Rules, Appropriations, and House Administration, 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 A BILL To repeal the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010, to amend the Internal Revenue Code of 1986 to repeal the percentage floor on medical expense deductions, expand the use of tax-preferred health care accounts, and establish a charity care credit, to amend the Social Security Act to create a Medicare Premium Assistance Program and reform EMTALA requirements, and to amend the Public Health Service Act to provide for cooperative governing of individual and group health insurance coverage offered in interstate commerce.

1.

Short title; table of contents; construction

(a)

Short title

This Act may be cited as the Offering Patients True Individualized Options Now Act of 2012 or the OPTION Act of 2012. (b)

Table of contents

The table of contents of this Act is as follows: Sec. 1. Short title; table of contents; construction. Title I—Repeal of PPACA and HCERA Sec. 101. Repeal of PPACA and HCERA. Title II—Health Care Tax Reform Subtitle A—HSA Reform Sec. 201. Repeal of high deductible health plan requirement. Sec. 202. Increase in deductible HSA contribution limitations. Sec. 203. Medicare eligible individuals eligible to contribute to HSA. Sec. 204. HSA Rollover to Medicare Advantage MSA. Sec. 205. Repeal of additional tax on distributions not used for qualified medical expenses. Subtitle B—Other Health Care Tax Reform Sec. 206. Elimination of 7.5-percent floor on medical expense deductions. Sec. 207. Repeal of prescribed drug limitation on certain tax benefits for medical expenses. Sec. 208. Repeal of 2-percent miscellaneous itemized deduction floor for medical expense deductions. Sec. 209. Charity care credit. Sec. 210. COBRA continuation coverage extended. Sec. 211. HSA charitable contributions. Title III—Medicare Premium Assistance Program Sec. 301. Replacement of Medicare part A entitlement with Medicare Reform Premium Assistance Program. Title IV—EMTALA Reforms Sec. 401. EMTALA reforms. Title V—Cooperative Governing of Individual and Group Health Insurance Coverage Sec. 501. Cooperative governing of individual and group health insurance coverage. (c)

Construction

Nothing in this Act shall be construed to preclude or prohibit a health care provider or health insurance issuer from publicly disclosing any pricing of services provided or covered.