H.R.5458 - Veterans TRICARE Choice Act of 2016114th Congress (2015-2016)
|Sponsor:||Rep. Stewart, Chris [R-UT-2] (Introduced 06/13/2016)|
|Committees:||House - Ways and Means; Armed Services|
|Committee Reports:||H. Rept. 114-809|
|Latest Action:||11/30/2016 Received in the Senate. (All Actions)|
This bill has the status Passed House
Here are the steps for Status of Legislation:
- Passed House
Summary: H.R.5458 — 114th Congress (2015-2016)All Bill Information (Except Text)
Introduced in House (06/13/2016)
Veterans TRICARE Choice Act
This bill allows, as of January 1, 2017, an individual who is eligible to be a covered beneficiary entitled to health care benefits under the TRICARE program (a Department of Defense [DOD] managed health care program) and who is not serving on active duty in the uniformed services to: (1) elect to be ineligible to enroll in TRICARE, (2) make tax deductible contributions to a health savings account during the period such individual elects to be ineligible for TRICARE coverage, and (3) enroll in the TRICARE program at a later date during a special enrollment period.
DOD shall submit to the Internal Revenue Service information on each TRICARE-eligible individual who makes such election for purposes of determining such individual's eligibility for a health savings account.
DOD shall provide to each TRICARE-eligible individual who seeks to make such election information regarding: (1) health savings accounts, and (2) changing an election.