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  • Not enacted
    The President has not signed this bill
  • The senate has not voted
  • The house has not voted
      house Committees
      House Committee on Ways and Means
    IntroducedNovember 14th, 2013

Bill Details

Official information provided by the Congressional Research Service. Learn more or make a suggestion.
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Official Title

To allow individuals to choose to opt out of the Medicare part A benefit and to allow individuals opting out of such benefit to be eligible for health savings accounts.

Summary

Allows any individual who is otherwise entitled to benefits under part A (Hospital Insurance) of title XVIII (Medicare) of the Social Security Act (SSA) to elect to opt out of such entitlement. Allows an individual who has opted out of Medicare to opt back in without penalty. Prohibits any requirement to opt out of SSA title II (Old Age, Survivors, and Disability Insurance) (OASDI) as a condition for opting out of Medicare. Amends the Internal Revenue Code to make individuals who opt out of Medicare part A eligible for health savings accounts.

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