Law and Government Legislation regarding 'Medical economics' in Federal Government

Eagle Employers Act - Amends the Internal Revenue Code to allow a taxpayer certified as an Eagle employer by the Secretary of the Treasury a tax credit for one percent of such employer's taxable income. Defines an " Eagle employer" as any taxpayer who: (1) maintains its headquarters in the United States; (2) pays at least 60% of the health care premiums of its employees; (3) maintains or increases the number of its full-time workers in the United States relative to its full-time workers outside of the United States; (4) provides full differential salary and insurance benefits for all National Guard and Reserve employees called to active duty; and (5) provides its employees with a certain level of compensation and retirement benefits.

Equity for Our Nation's Self Employed Act of 2007 - Amends the Internal Revenue Code to allow self-employed individuals to deduct health insurance costs in computing the tax on self-employment income.

Health Insurance Affordability Act of 2007 - Amends the Internal Revenue Code to allow individual taxpayers a tax deduction for health insurance costs.

Children Come First Act of 2007 - Amends title XXI (State Children's Health Insurance Program) (SCHIP) of the Social Security Act to prohibit SCHIP payments for children in families with income between 200% and 300% of the poverty line (higher income families) unless: (1) health insurance coverage for the family is demonstrably unattainable or unaffordable; and (2) the state SCHIP plan permits the family to receive child health assistance through specified optional premium assistance rather than through Medicaid or otherwise.

African Health Capacity Investment Act of 2007 - Amends the Foreign Assistance Act of 1961 to authorize the President to provide assistance, including through international or nongovernmental organizations, for programs to improve human health care capacity in sub-Saharan Africa.

Directs the President to develop and transmit to the appropriate congressional committees a strategy for coordinating, implementing, and monitoring assistance programs for human health care capacity in sub-Saharan Africa.

Equity for Our Nation's Self Employed Act of 2007 - Amends the Internal Revenue Code to allow self-employed individuals to deduct health insurance costs in computing the tax on self-employment income.

Homecoming Enhancement Research and Oversight Act - Directs the Secretary of Defense to enter into an agreement with the National Academy of Sciences for a study of the physical and mental health and other readjustment needs of members and former members of the Armed Forces who deployed in Operations Iraqi Freedom or Enduring Freedom, and their families. Requires: (1) reports, from the Academy to the Secretaries of Defense and Veterans Affairs and from the Secretary to Congress, on such study; (2) the public availability of the reports; (3) such Secretaries to develop a joint plan to address report findings; and (4) the public availability of the Secretaries' response.

Health Insurance Tax Relief Act of 2007 - Amends the Internal Revenue Code to: (1) allow individual taxpayers a refundable tax credit for health insurance costs paid for the benefit of the taxpayer, the taxpayer's spouse, and dependents; (2) require business taxpayers who receive payments for certain employee health insurance coverage to file informational returns; and (3) direct the Secretary of the Treasury to make advance payments of health insurance tax credit amounts to health insurance providers.

Affordable Health Care for Americans Act of 2007 - Amends the Internal Revenue Code to allow a tax deduction from gross income for the health insurance costs of an individual taxpayer, the taxpayer's spouse, and dependents (available whether or not a taxpayer itemizes deductions).

Long-Term Care Tax Reduction Act of 2007 - Amends the Internal Revenue Code to exclude from gross income distributions from an individual retirement account and other tax-exempt retirement plans used to pay long-term care insurance premiums.

Freedom From Unnecessary Litigation Act of 2007 - Amends the Internal Revenue Code to: (1) allow a tax credit for insurance purchased to cover the costs of a negative outcome from surgery, including negative outcomes caused by physician malpractice; and (2) exclude from gross income medical malpractice awards granted in binding arbitration.

Patriot Employers Act - Amends the Internal Revenue Code to allow a taxpayer certified as a Patriot employer by the Secretary of the Treasury a tax credit for one percent of such employer's taxable income. Defines a "Patriot employer" as any taxpayer who: (1) maintains its headquarters in the United States; (2) pays at least 60% of the health care premiums of its employees; (3) observes a policy requiring neutrality in employee organizing drives; (4) maintains or increases the number of its full-time workers in the United States relative to its full-time workers outside of the United States; (5) provides full differential salary and insurance benefits for all National Guard and Reserve employees called to active duty; and (6) provides its employees with a certain level of compensation and retirement benefits.

Comprehensive Health Care Reform Act of 2007- Amends the Internal Revenue Code to: (1) revise the tax credit for the health insurance costs of a taxpayer, the taxpayer's spouse, and dependents to increase the amount of, and expand eligibility criteria for, such credit; (2) permit up to $500 of unused health benefits under a health flexible spending arrangement to be carried over to a succeeding plan year or paid directly to an employee as compensation; (3) revise the tax deduction for payments to a health savings account to eliminate the requirement for coverage under a high deductible health plan; and (4) repeal the 7.5% threshold limitation on the tax deduction of medical and dental expenses.

Flexible Health Savings Act of 2007 - Amends the Internal Revenue Code to allow up to $500 of unused health benefits in a plan or other arrangement that provides for a health flexible spending arrangement to be carried forward to the next plan year or be contributed to a health savings account or a qualified retirement plan, without affecting the status of such plan or arrangement as a tax-exempt employee benefit cafeteria plan.

Medicare Early Detection of Cancer Promotion Act of 2007 - Amends title XVIII (Medicare) of the Social Security Act to: (1) extend the eligibility period for a "Welcome to Medicare" initial preventive physical examination from six months to one year; and (2) to eliminate the 20% coinsurance for screening mammography and colorectal cancer screening tests.

Health Care Accountability Act - Amends title XIX (Medicaid) of the Social Security Act to require the state Medicaid plan to provide for the annual reporting by the state, using data only from medical assistance applications by individuals, on each employer in the state with 50 or more employees who received Medicaid medical assistance at any time during the previous year.

Medicare Advantage Truth in Advertising Act of 2007 - Amends part C (Medicare+Choice) of title XVIII (Medicare) of the Social Security Act to restrict cost-sharing under the Medicare Advantage (MA) Program to a level no greater (and permissably less) than the cost-sharing that would otherwise be imposed under the original Medicare fee-for-service program option.

Declares that nothing regarding original Medicare fee-for-service program option benefits shall be construed as prohibiting an MA plan from using a flat copayment or per diem rate, under this Act, in lieu of the cost-sharing imposed under Medicare part A or part B.

Medicare Mental Health Copayment Equity Act of 2007 - Amends title XVIII (Medicare) of the Social Security Act to provide, by a gradual increase in the percentage of expenses considered incurred expenses, for a gradual reduction (from 50% to the standard 20%) of copayment rates for outpatient psychiatric services under the Medicare program.

Health Care Relief Act of 2007 - Amends the Internal Revenue Code to allow: (1) a refundable tax credit up to $1,000 for the health insurance coverage costs of a previously uninsured taxpayer, the taxpayer's spouse, and dependents; and (2) certain small business employers a business tax credit for amounts paid under a new health plan for employee health insurance coverage.

Dietary Supplement Tax Fairness Act of 2007 - Amends the Internal Revenue Code to treat amounts paid for foods for special dietary use, dietary supplements, and medical foods as medical expenses for purposes of the medical expense tax deduction.

MediKids Health Insurance Act of 2007 - Amends the Social Security Act to add a new title XXII (Medikids Program), which creates a program to guarantee comprehensive health care coverage, including prescription drugs for all children meeting specified age requirements.

Creates the MediKids Trust Fund.

Expands the membership of the Medicare Payment Advisory Commission to 19.

Amends the Internal Revenue Code to: (1) impose a MediKids premium for the taxable year, with an exemption for very low-income taxpayers; and (2) create a refundable tax credit providing a catastrophic limit on MediKids cost-sharing expenses.

Directs the Secretary of the Treasury to propose a gradual schedule of progressive tax changes to fund the Medikids program, as the number of enrollees grows in the out-years.

Health Insurance Affordability Act of 2007 - Amends the Internal Revenue Code to allow a deduction from gross income for premiums paid under a high deductible health plan by an individual eligible for a deduction for amounts paid into a health savings account, for months when such taxpayer is not covered under any other plan.

Homecoming Enhancement Research and Oversight (HERO) Act - Directs the Secretary of Defense to enter into an agreement with the National Academy of Sciences for a study of the physical and mental health and other readjustment needs of members and former members of the Armed Forces who deployed in Operations Iraqi Freedom or Enduring Freedom, and their families. Requires: (1) reports, from the Academy to the Secretaries of Defense and Veterans Affairs and from the Secretary to Congress, on such study; (2) the public availability of the reports; (3) such Secretaries to develop a joint plan to address report findings; and (4) the public availability of the Secretaries' response.

Health Insurance for Life Act of 2007 - Amends the Employee Retirement Income Security Act (ERISA), the Internal Revenue Code, and the Public Health Service Act to remove all limitations on Consolidated Omnibus Budget Reconciliation Act (COBRA) continuation coverage that establish a period by which such coverage must end, and instead provides no deadline for discontinuing such coverage. Sets forth a formula to determine the maximum allowable premium that certain qualified disabled beneficiaries and individuals receiving extended coverage provided pursuant to this Act may be charged based on the average monthly actuarial cost of such continuation coverage.

Applies such provisions to continuation coverage provided pursuant to the Federal Employee Health Benefits Program (FEHBP).