A bill to amend the Social Security Act to roll back the deductible and coinsurance charges under part A of medicare to the 1976 levels.

Amends Title XVIII (Medicare) of the Social Security Act to increase the inpatient hospital deductible from $40 to $104 in the case of any spell of illness beginning before 1978.

Amends the Internal Revenue Code to roll back the time period considered for the purpose of determining the rate of hospital insurance tax on employees, employers, and the self-employed.