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Code · BILL · 114th Congress · S. 2985 (Introduced in Senate) — To eliminate the individual and employer health coverage mandates under the Patient Protection and Affordable Care Ac... · Sec. 133

Sec. 133. Medicaid option of enrollment under private plan and contribution to an HSA

264 words·~1 min read·/bill/114/s/2985/is/section-133

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Notwithstanding any other provision of law, a State plan under title XIX of the Social Security Act ( 42 U.S.C. 1396 et seq. ) may make available to an individual, who is entitled to medical assistance for a full range of acute care items and services under such title and at the individual’s option, instead of the medical assistance otherwise provided, medical assistance consisting of coverage under a health plan that qualifies for a tax credit under section 36C of the Internal Revenue Code of 1986, but only if, for each year the individual receives medical assistance in the form of such coverage, the State also deposits into a health savings account for the individual an amount equal to the amount (if any) by which the amount of the tax credit for the individual under such section exceeds the cost of coverage of the individual under the plan.
The payments by a State described in subsection
(a)for coverage under a health plan and for deposit into a health savings account shall be treated as medical assistance for purposes of section 1903 of the Social Security Act ( 42 U.S.C. 1396b ) and section 1903A of such Act (as added by section 401) and subject to Federal financial participation, including the application of State matching payments, in the same manner as other medical assistance furnished under title XIX of such Act, except that such amount shall be reduced by the amount of any health insurance credits provided under section 36C of the Internal Revenue Code of 1986 with respect to such coverage or deposit.
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Sec. 133
Medicaid option of enrollment under private plan and contribution to an HSA
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