A bill to amend the Internal Revenue Code of 1986 to assure access to health insurance for self-employed individuals and to simplify rules governing the inclusion in gross income of benefits provided under discriminatory group health plans.

Summary

Amends the Internal Revenue Code to increase the income tax deduction for the amount of health insurance costs of a self-employed individual from 25 percent to 100 percent of such costs for the medical care of the taxpayer and the taxpayer's spouse and dependents. Permits an income tax deduction for self-employed individuals in the amount of their contributions to group health plans that are not self-insured and that provide medical benefits to employees. Requires: (1) an eligible plan to benefit all employees not covered by another group health plan: and (2) that at least half of the plan participants not be self-employed individuals or employee family members of such individuals. Excludes such group health plans from the rules governing (section 89) nondiscrimination requirements for coverage and benefits under certain statutory employee benefit plans. Includes in the gross income of any highly compensated employee the excess benefits provided under a discriminatory group health plan.

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Documents

2 official files

• Introduced in Senate (text)

  Introduced in Senate · EN

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 13 June 1989

  Open at official source

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