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H.R. 1628, the Healthcare Freedom Act of 2017, an Amendment in the Nature of a Substitute [S.A. 667] 1 (July 27, 2017)

handle is hein.congrec/cbo3701 and id is 1 raw text is: July 27, 2017


Estimate   of Direct Spending   and  Revenue   Effects of H.R.  1628, the Healthcare
Freedom Act of 2017, an Amendment in the Nature of a Substitute [S.A. 667]


CBO  and the staff of the Joint Committee on Taxation (JCT) have prepared an estimate of the direct
spending and revenue effects of H.R. 1628, the Healthcare Freedom Act of 2017.


MAIN   PROVISIONS OF THE LEGISLATION

   *   Eliminate penalties associated with the requirements that most people obtain health
       insurance coverage (also known as the individual mandate) and that large employers offer
       their employees coverage that meets specified standards (also known as the employer
       mandate), while keeping those requirements in place. The penalties for large employers
       would be eliminated only through 2024.

   *   Eliminate the Prevention and Public Health Fund, beginning in 2019.

   *   Extend the moratorium on the excise tax on manufacturers and importers of certain
       medical devices through 2020.

   *   Increase the maximum contribution limit to Health Savings Accounts for 2018-2020.

   *   Provide funding for grants to states for applying for or implementing waivers allowed
       under section 1332 of the Affordable Care Act.

   *   Increase the amount of funding authorized for and appropriated to the Community Health
       Center Fund, which provides grant funds to health centers that offer primary and
       preventive care to patients regardless of their ability to pay.

   *   Prohibit federal funds from being made available, for one year, to certain entities that
       provide abortions.


ATTACHED TABLES

Table 1. Estimate of the Direct Spending and Revenue Effects

Table 2. Estimate of the Net Budgetary Effects of the Insurance Coverage Provisions


Table 3. Effects on Health Insurance Coverage for People Under Age 65

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