H.R.1872 - Health Coverage for the Uninsured Act of 2005109th Congress (2005-2006)
|Sponsor:||Rep. Johnson, Sam [R-TX-3] (Introduced 04/27/2005)|
|Committees:||House - Ways and Means|
|Latest Action:||House - 05/09/2005 Referred to the Subcommittee on Health. (All Actions)|
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Summary: H.R.1872 — 109th Congress (2005-2006)All Information (Except Text)
Introduced in House (04/27/2005)
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.