ASAP
House Approves Bill Narrowing Eligibility to Receive Certain Health Care Subsidies
According to a report submitted by the House committee on Ways and Means, the calculation of an individual’s modified adjusted gross income for determining eligibility for a premium assistance credit and entitlement to Medicaid and the Children’s Health Insurance Program (CHIP) should include the full amount of a taxpayer's Social Security benefits, as doing so “provides consistency with eligibility for other Federal needs-based programs and furthers the goal of deficit reduction.” The practical result of this bill, if enacted, would be that fewer people would ultimately qualify for the health exchange subsidy and other federal health programs.
On a procedural note, the text of this measure will be appended to that of another bill – H.R. 674 – and presented to the Senate as a package for consideration. H.R. 674 would repeal the imposition of a 3% withholding on certain payments made to government vendors. The amendments made by H.R. 2576 would help pay for this repeal.
Photo credit: MBPHOTO, Inc.