[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[S. 3439 Introduced in Senate (IS)]

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116th CONGRESS
  2d Session
                                S. 3439

 To amend the Internal Revenue Code of 1986 to permit high deductible 
 health plans to divide the deductible between medical and drug costs 
 for purposes of qualifying for health savings accounts, and for other 
                               purposes.


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                   IN THE SENATE OF THE UNITED STATES

                             March 11, 2020

   Mr. Scott of Florida (for himself and Ms. Sinema) introduced the 
 following bill; which was read twice and referred to the Committee on 
                                Finance

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                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to permit high deductible 
 health plans to divide the deductible between medical and drug costs 
 for purposes of qualifying for health savings accounts, and for other 
                               purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Lower Health Insurance Deductibles 
Act''.

SEC. 2. HIGH DEDUCTIBLE HEALTH PLAN DEDUCTIBLE AND CATASTROPHIC 
              COVERAGE FLEXIBILITY FOR PURPOSES OF HSAS.

    (a) In General.--Paragraph (2) of section 223(c) of the Internal 
Revenue Code of 1986 is amended by adding at the end the following new 
subparagraph:
                    ``(E) Division of annual deductible.--A plan shall 
                not fail to be treated as a high deductible health plan 
                by reason of having separate annual deductibles for 
                medicine or drugs and for other medical care if the sum 
                of such deductibles, if treated as 1 annual deductible, 
                meets the requirements of subparagraph (A).''.
    (b) Effective Date.--The amendment made by this section shall apply 
to taxable years beginning after the date of the enactment of this Act.
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