This bill would amend the tax code to exempt individuals from the individual mandate to buy health insurance or face a tax penalty if they live in a county with less than two health insurance issuers offering qualified health plans on an exchange. It would apply to all months beginning after its enactment.
What is House Bill H.R. 521?
Cost of House Bill H.R. 521
In-Depth: Sponsoring Rep. Mark Amodei (R-NV) first introduced the Protection from Insurance Exchange Monopolies Act during the last session of Congress, in the hopes of sparing people living in counties where there are fewer than two health insurers offering plans from Obamacare’s individual mandate tax penalty:
“Despite [former President Obama’s] assurances, Obamacare has delivered nothing more than higher premiums and less choices – with millions of Americans having even fewer choices in 2017. In Nevada, Obamacare will soon be leaving residents in 10 counties with only one choice – choose what Washington says is right for them – or pay the penalty. By allowing people who reside in areas with less than two provider options to be exempt from the individual mandate, our bill provides much needed relief to those who have been left with no alternative. Congress must continue to look for real solutions that give Americans increased access to the care they deserve, and this is an example of Congress taking action.”
This legislation has the support of five cosponsors in the House, all of whom are Republicans.
- Sponsoring Rep. Mark Amodei (R-NV) Press Release (Previous Version)
- Association of American Physicians and Surgeons
- Las Vegas Review-Journal (Previous Version)
Summary by Eric Revell(Photo Credit: Coolguy6662 / Creative Commons)
Protection from Insurance Exchange Monopolies Act
To amend the Internal Revenue Code of 1986 to provide an exemption to the individual mandate to maintain health coverage for individuals residing in counties with fewer than 2 health insurance issuers offering plans on an Exchange.
- Not enactedThe President has not signed this bill
- The senate has not voted
- The house has not voted
Committee on Ways and MeansIntroducedJanuary 13th, 2017
- house Committees