Medicare-Medicaid Reimbursement Act of 1990

Summary

Medicare-Medicaid Reimbursement Act of 1990 - Amends the Internal Revenue Code to impose an additional occupational tax on manufacturers and importers of cigarettes equal to the amount of smoking-related medical costs multiplied by the percentage of cigarettes sold during the preceding year in the United States. Sets forth the smoking-related medical costs for the three-year period beginning after December 31, 1990. Declares the costs for the three-year period beginning after December 31, 1993, to be the amount determined to be equal to: (1) the average annual amount estimated to have been expended for the care and treatment of smoking-related cancers, circulatory system diseases, and respiratory diseases under title XVIII of the Social Security Act (Medicare); and (2) the average annual amount of estimated expenditures under title XIX of such Act (Medicaid) for such cancers and diseases. Appropriates a portion of increased cigarette tax revenues to the Federal Hospital Insurance Trust Fund and the Federal Supplementary Medical Insurance Trust Fund under the Medicare program for smoking-related medical costs. Authorizes appropriations of a portion of such revenues to the Medicaid program for such costs.

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2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 2 August 1990

  Open at official source

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