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Bill > S1030


US S1030

US S1030
Retirement Freedom Act


summary

Introduced
04/04/2019
In Committee
04/04/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

A bill to allow individuals to choose to opt out of the Medicare part A benefit. This bill allows an individual to opt out of Medicare hospital services benefits without also having to opt out of Old Age, Survivors, and Disability Insurance benefits and without having to repay Medicare hospital services benefits already received. The bill also allows an individual to opt back in with no penalty.

AI Summary

This bill, called the Retirement Freedom Act, allows individuals to opt out of the Medicare Part A benefit without having to opt out of their Old Age, Survivors, and Disability Insurance benefits, and without having to repay any Medicare Part A benefits they have already received. The bill also allows individuals to opt back into the Medicare Part A benefit at a later time without penalty.

Committee Categories

Budget and Finance

Sponsors (3)

Last Action

Read twice and referred to the Committee on Finance. (on 04/04/2019)

bill text


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