Bill

Bill > HR2108


US HR2108

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

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, the Retirement Freedom Act, allows individuals to choose to opt out of the Medicare Part A benefit without also having to opt out of Old Age, Survivors, and Disability Insurance (OASDI) benefits, and without having to repay any Medicare Part A benefits they have already received. Individuals can also choose to opt back into the Medicare Part A benefit without penalty. This provides more flexibility for individuals to manage their healthcare coverage during retirement.

Committee Categories

Budget and Finance, Health and Social Services

Sponsors (11)

Last Action

Referred to the Subcommittee on Health. (on 04/04/2019)

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