MediCORE Health Act of 1992

MediCORE Health Act of 1992 - Title I: Eligibility and Enrollment - Makes each legal resident of the United States eligible for CORE SERVICES through a MediCORE card under a State program.

Title II: Administration by Federal MediCORE Board - Establishes within the Department of Health and Human Services a Federal MediCORE Board to be responsible for the overall administration of this Act and for the oversight of State compliance with this Act, as well as the development of CORE SERVICES and of specific State guidelines. Requires the Board to: (1) publish and make available to each State a Model MediCORE Administration Manual; and (2) establish and administer the operation of a National Data Bank System with health care data and information.

Specifies various health care studies to be conducted by the Board.

Requires an annual report to the appropriate congressional committees on the state of the Nation's health care services.

Title III: CORE SERVICES - Requires the Board to provide for CORE SERVICES that include: medically necessary services, Medicare services, supplemental benefits, preventive health care services, long-term health, custodial or personal assistance, and catastrophic care.

Amends the Child Nutrition Act to authorize appropriations for the special supplemental food program.

Title IV: Federal MediCORE Guidelines - Establishes requirements for Federal MediCORE guidelines to be developed and implemented by the Board.

Title V: Approval and Oversight of State Programs - Grants approval and oversight authority to the Board over State programs.

Title VI: MediCORE Budget - Requires the Board to prepare an annual MediCORE Budget which provides each approved State program with health care revenue sharing payments.

Established the MediCORE Trust Fund to make such payments. Provides funding for such Trust Fund through appropriations, the transfer of certain taxes, and the transfer of funds from social security trust funds.

Amends the Internal Revenue Code to impose a tax on employees and employers to provide for health care revenue sharing. Imposes a MediCORE tax on individuals. Makes other tax changes to conform to provisions of this Act.

Title VII: Preparation and Submission of MediCORE Budget to Congress - Requires the Board to annually submit a MediCORE budget report to the Congress.

Title VIII: Effective Date; Repeals; Transition; Relation to ERISA - Establishes the effective date for the MediCORE program.

Repeals certain Acts and laws to conform to such program.

Authorizes appropriations.

Supersedes provisions of the Employee Retirement Income Security Act to the extent inconsistent with this Act.