HR 4938 106th Congress House Health Access to health care Armed Forces and National Security Coinsurance Congress Congressional investigations Congressional reporting requirements Dislocated workers Early retirement Economics and Public Finance Employee health benefits Families Federal employees Finance and Financial Sector Government Operations and Politics Government employees' health insurance Government trust funds Health insurance Health insurance continuation Income tax

Medicare Early Access and Tax Credit Act of 2000

Introduced: July 24, 2000 See on congress.gov

Everywhere this bill has been 5 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Sep 14, 2000

Referred to the Subcommittee on Employer-Employee Relations.

Aug 31, 2000

Referred to the Subcommittee on Health and Environment, for a period to be subsequently determined by the Chairman.

Jul 24, 2000

Referred to the Committee on Ways and Means, and in addition to the Committees on Commerce, and Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Jul 24, 2000

Sponsor introductory remarks on measure. (CR E1304-1305)

Jul 24, 2000

Introduced in House

Plain-English summary Congressional Research Service

Medicare Early Access and Tax Credit Act of 2000 - Title I: Access to Medicare Benefits for Individuals 62-to-65 Years of Age - Amends title XVIII (Medicare) of the Social Security Act (SSA) to add a new part D (Purchase of Medicare Benefits by Certain Individuals Age 62-to-65 Years of Age) under which an enrollee is entitled to the same Medicare benefits as an individual entitled to benefits under Medicare part A (Hospital Insurance) and enrolled under Medicare part B (Supplementary Medical Insurance).

Provides for the determination and payment of monthly premiums under the new part D program.

Creates in the Treasury the Medicare Early Access Trust Fund to hold the premiums paid pursuant to this Act and savings from new fraud and abuse initiatives that are obtained pursuant to the Medicare Fraud and Reimbursement Reform Act of 1999. Provides for oversight and accountability concerning the status of the Trust Fund.

Title II: Access to Medicare Benefits for Displaced Workers 55-to-62 years of Age - Amends SSA title XVIII to provide access to Medicare benefits to displaced workers (and their spouse) 55-to-62 years of age.

Title III: COBRA Protection for Early Retirees - Subtitle A: Amendments to the Employee Retirement Income Security Act of 1974 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) to provide for COBRA (Consolidated Omnibus Budget Reconciliation Act of 1985) continuation benefits for certain retired workers who lose retiree health coverage.

Subtitle B: Amendments to the Public Health Service Act - Amends the Public Health Service Act to provide for COBRA continuation benefits for certain retired workers who lose retiree health coverage.

Subtitle C: Amendments to the Internal Revenue Code of 1986 - Amends the Internal Revenue Code to provide for COBRA continuation benefits for certain retired workers who lose retiree health coverage.

Title IV: Financing - Provides that any increase in Medicare payments resulting from enactment of this Act shall be offset by reductions in Medicare payments pursuant to the anti-fraud and -abuse provisions of the Medicare Fraud and Reimbursement Reform Act of 1999.

Title V: Credit Against Income Tax for Medicare Buy-In Premiums and for Certain COBRA Continuation Coverage Premiums - Amends the Internal Revenue Code to provide an individual with a tax credit for 25 percent of certain COBRA continuation coverage premiums and Medicare buy-in premiums.

What's happening now September 14, 2000

Referred to the Subcommittee on Employer-Employee Relations.

Committees of jurisdiction 5