A bill to amend part A of title XVIII of the the Social Security Act to limit the rate of increase in the inpatient hospital deductible and to amend the Internal Revenue Code of 1954 to increase by 8 cents per pack the excise tax on cigarettes and to earmark revenues from the tax increase to the Federal Hospital Insurance Trust Fund.
Amends part A (Hospital Insurance) of title XVIII (Medicare) of the Social Security Act to revise the method of determining the inpatient hospital deductible, extended care services coinsurance amount, and monthly premium.
Amends the Internal Revenue Code to impose an additional excise tax on cigarettes. Deposits revenues raised by the additional tax into the Federal Hospital Insurance Trust Fund.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
Referred to Subcommittee on Health.
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