H.R.2114 - Health Access and Flexibility Act of 2003108th Congress (2003-2004)
|Sponsor:||Rep. Burgess, Michael C. [R-TX-26] (Introduced 05/15/2003)|
|Committees:||House - Ways and Means; Energy and Commerce|
|Latest Action:||House - 05/21/2003 Referred to the Subcommittee on Health. (All Actions)|
This bill has the status Introduced
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Summary: H.R.2114 — 108th Congress (2003-2004)All Information (Except Text)
Health Access and Flexibility Act of 2003 - Amends the Internal Revenue Code with respect to Archer medical savings accounts to: (1) eliminate such accounts' availability to only self-employed individuals and employees of small employers; (2) repeal the 750,000 limitation on the number of such accounts; (3) reduce the permitted minimum deductibles on qualifying high deductible plans to $1,000 (single coverage), and $2,000 (family coverage); (4) increase the monthly (and thus the annual) deduction limitation permitted for account contributions; (5) permit employer and employee contributions to be made to an account; (6) make cost-of-living adjustments applicable to only high deductible plan maximums; and (7) provide for 60-day rollovers from a health flexible spending arrangement to an account.
Introduced in House (05/15/2003)
Amends title XIX of the Social Security Act (Medicaid) to authorize a State to provide alternative medical benefits for eligible population groups which shall consist of at least: (1) coverage for medical expenses in a year after a catastrophic deductible has been met; and (2) contribution into a medical freedom account (as defined by this Act).