A bill to amend the Internal Revenue Code of 1986 to allow individuals a refundable credit against income tax for the purchase of private health insurance, and to establish State health insurance safety-net programs.
Fair Care for the Uninsured Act of 2003 - Amends the Internal Revenue Code to allow an individual a tax credit in an amount equal to the amount paid for qualified health insurance, subject to stated limitations. Directs the Secretary of the Treasury to make payments to the provider of an individual's qualified health insurance equal to such individual's qualified health insurance credit advance amount with respect to such provider.
Amends the Public Health Service Act, as inserted by the Trade Act of 2002, to extend funding for State high risk health insurance pools.
Amends the Public Health Service Act to allow health benefits coverage through individual membership associations. Sets forth association requirements. Requires associations to include a minimum of two health insurance coverage options.
Referred to the Subcommittee on Health.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S10919-10920)
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S10920-10923)
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