Sec. 8012. Repeal of ceiling on deductible and out-of-pocket expenses under a high deductible health plan
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/bill/116/hr/14/ih/section-8012A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Subparagraph
(A)of section 223(c)(2) of the Internal Revenue Code of 1986 is amended to read as follows: The term high deductible health plan means a health plan which has an annual deductible which is not less than— $1,000 for self-only coverage, and twice the dollar amount in clause
(i)for family coverage. . Subparagraph
(D)of section 223(c)(2) of the Internal Revenue Code of 1986 is amended to read as follows: In the case of a plan using a network of providers, such plan's annual deductible for services provided outside of such network shall not be taken into account for purposes of subsection (b)(2). . Clause
(ii)of section 223(g)(1)(B) of such Code is amended by striking each dollar amount in subsection (c)(2)(A) and inserting the dollar amount in subsection (c)(2)(A)(i) . The amendments made by this section shall apply with respect to taxable years beginning after December 31, 2019.