Medicaid Health Opportunity Account Act of 2005

Summary

Medicaid Health Opportunity Account Act of 2005 - Amends title XIX (Medicaid) of the Social Security Act to direct the Secretary of Health and Human Services to establish a demonstration program under which states may provide alternative benefits, including health opportunity accounts, for eligible population groups in one or more geographic areas. Prohibits the Secretary from approving a state demonstration program unless it provides for transactions involving health opportunity accounts to be conducted electronically and without cash. Limits contributions into a health opportunity account to those by: (1) the state under Medicaid; and (2) other persons and entities, such as charitable organizations. Requires a state to specify the contribution amount that shall be deposited into a health opportunity account. Allows a state to: (1) impose limitations on the maximum contributions that may be deposited into a health opportunity account in a year; and (2) limit contributions into such an account once the balance reaches a specified level. Prohibits a state from contributing annually to a health opportunity account, on behalf of an individual or family, more than $2,500 per adult and $1,000 per child. Allows the use of amounts in a health opportunity account for payment of such health care expenditures as the state specifies.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 13 September 2005

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 13 September 2005

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 13 September 2005

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.