Uninsured Workers' Health Insurance Act of 1986

Uninsured Workers' Health Insurance Act of 1986 - Amends the Internal Revenue Code to allow an income tax credit for amounts paid for health insurance premiums by individuals who are not eligible for employer-sponsored health insurance and who are not covered by a Federal health program. Limits the amount of such credit based on the uninsured individual's taxable income. Disallows such credit for individuals with a taxable income over $30,000 per year.

Allows an income tax deduction for the amounts paid for health insurance premiums by self-employed individuals who own the entire interest in an unincorporated trade or business.