S.1886: A bill to provide a refundable and advanceable credit for health insurance through the Internal Revenue Code of 1986, to provide for improved private health insurance access and affordability, and for other purposes.

A bill to provide a refundable and advanceable credit for health insurance through the Internal Revenue Code of 1986, to provide for improved private health insurance access and affordability, and for other purposes. 7/26/2007--Introduced. Every American Insured Health Act - Amends the Internal Revenue Code to: (1) allow uninsured individual taxpayers and their spouses and dependents a refundable tax credit for a limited amount of their health insurance costs; (2) direct the Secretary of the Treasury to establish a program for payment of health insurance costs by advancing health insurance tax credit amounts to insurance providers during the taxable year; and (3) limit the availability of certain tax preferences for individuals eligible for the health insurance tax credit. Amends the Social Security Act to require the Secretary of Health and Human Services (HHS) to deem whether a state has taken efforts to provide its citizens with greater access to affordable private [...]

show full description