Daily signal

Pennsylvania Lawmaker Proposes Tax Fairness for Faith-Based Health Care Sharing

A House Republican has introduced a bill designed to achieve tax fairness for ministries that share health care costs. 

A member of the House Ways and Means health subcommittee, Rep. Mike Kelly, R-Pa., is the sponsor of the Health Care Sharing Ministry Tax Parity Act, which he introduced last Monday.

Kelly’s bill would allow members of these faith-based organizations and ministries to deduct “health care-related expenses from their taxes,” just as Americans who have conventional health insurance are able to do.

Kelly’s bill also would make it explicit that these organizations don’t offer health insurance, averting misunderstandings about how the IRS should handle them—particularly regarding federal mandates that affect regular insurance. 

Each year, about 1.3 million Americans partake in so-called HCSMs, sharing over $1 billion in medical expenses….

Read more…

Related Posts