Private Option Health Care Act

Summary

Private Option Health Care Act - Repeals the Patient Protection and Affordable Care Act (PPACA) and the Health Care and Education Reconciliation Act of 2010 and restores the provisions of law amended or repealed by such Acts as if such Acts had not been enacted. Amends the Internal Revenue Code to: (1) revise the refundable tax credit for the health insurance costs of individual taxpayers to allow a full credit for health insurance plus the amount contributed to a health savings account; (2) permit up to $500 of unused health benefits under a health flexible spending arrangement to be carried over to a succeeding plan year or paid directly to an employee as compensation; (3) revise the tax deduction for contributions to a health savings account (HSA) to increase the allowable amount of such deduction and repeal the requirement for coverage under a high deductible health plan; (4) repeal the 7.5% adjusted gross income threshold for the tax deduction for medical expenses; (5) allow a tax credit for the purchase of insurance against negative outcomes from surgery, including those caused by physician malpractice; and (6) allow an exclusion from gross income for damages awarded for medical malpractice in binding arbitration. Permits interstate purchase of health insurance. Amends the Federal Food, Drug, and Cosmetic Act (FFDCA) to repeal provisions restricting the importation of prescription drugs.

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

Timeline

1. 27 May 2010

   Introduced

   Referred to House Energy and Commerce

   Source: IntroReferral

2. 27 May 2010

   Introduced

   Referred to the Committee on Energy and Commerce, and in addition to the Committees on Appropriations, House Administration, Ways and Means, Education and Labor, Natural Resources, the Judiciary, and Rules, 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.

   Source: IntroReferral

3. 27 May 2010

   Introduced

   Introduced in House

   Source: IntroReferral

4. 27 May 2010

   Introduced

   Introduced in House

   Source: IntroReferral

5. 28 May 2010

   Introduced

   Sponsor introductory remarks on measure. (CR E985)

   Source: IntroReferral

6. 29 June 2010

   Referred

   Referred to the Subcommittee on Health, Employment, Labor, and Pensions.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 27 May 2010 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 27 May 2010

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 27 May 2010

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 27 May 2010

  Open at official source

Sponsors

• Rep. Paul, Ron [R-TX-22] · R · Sponsor
• · hsed00 · Standing
• · hsru00 · Standing
• · hsju00 · Standing
• · hsii00 · Standing
• · hswm00 · Standing
• · hsap00 · Standing
• · hsif00 · Standing
• · hsha00 · Standing

Related records

No cross-record relationships stored yet.