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Bill > S1279


US S1279

US S1279
Medicare at 50 Act


summary

Introduced
04/21/2021
In Committee
04/21/2021
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To amend title XVIII of the Social Security Act to provide for an option for any citizen or permanent resident of the United States age 50 to 64 to buy into Medicare.

AI Summary

This bill, the Medicare at 50 Act, would allow individuals aged 50 to 64 who are not otherwise eligible for Medicare to buy into the Medicare program. The bill establishes a Medicare Buy-In Trust Fund to collect premiums and provides financial assistance to eligible individuals, similar to the premium tax credits and cost-sharing reductions available through the Affordable Care Act's health insurance exchanges. The bill also requires guaranteed issue of Medigap policies and provides funding for outreach and enrollment efforts. Additionally, the bill removes the prohibition on the Secretary of Health and Human Services negotiating drug prices for the Medicare prescription drug benefit.

Committee Categories

Budget and Finance

Sponsors (20)

Last Action

Read twice and referred to the Committee on Finance. (on 04/21/2021)

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