H.R. 1872 · 109th Congress
Health Coverage for the Uninsured Act of 2005
- Stage
- In committee
- Sponsor
- Sam Johnson
- Introduced
- 2005-04-27
- Latest action
- 2005-05-09 · Referred to the Subcommittee on Health.
Summary
Health Coverage for the Uninsured Act of 2005 - Amends the Internal Revenue Code to allow: (1) a tax deduction for high deductible health plan premiums; (2) small employers (100 or fewer employees) a refundable tax credit for contributions to a health savings account of an employee who is covered by a high deductible health plan; and (3) a refundable tax credit for certain health insurance costs of uninsured taxpayers and their spouses and dependents.
Directs the Secretary of the Treasury to establish a program for making advance payments of tax credit amounts for uninsured individuals to health insurance providers.