S.Amdt. 2951Senate111th Congress (2009-2011)2nd degree
S.Amdt. 2951
Sponsored by
Sen. John D. Rockefeller IV (D-WV)
Submitted December 6, 2009
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Senate amendment submitted
December 6, 2009
Text
Submitted
SA 2951. Mr. Rockefeller submitted an amendment intended to be proposed to amendment SA 2786 proposed by Mr. Reid (for himself, Mr. Baucus, Mr. Dodd, and Mr. Harkin) to the bill H.R. 3590, to amend the Internal Revenue Code of 1986 to modify the first-time homebuyers credit in the case of members of the Armed Forces and certain other Federal employees, and for other purposes; which was ordered to lie on the table; as follows: On page 112, between lines 8 and 9, insert the following: (5) Maximum total out-of-pocket expenses.-- (A) In general.--Notwithstanding any other provision of this Act (or any amendments made by this Act), in no case may out-of-pocket expenses incurred under a health plan with respect to self-only coverage or coverage other than self- only exceed the following limits for any plan year beginning in or after 2014: (i) 7.5 percent of annual household income for an individual with household income under 200 percent of the poverty line for the size of the family involved. (ii) 10 percent of annual household income for an individual with household income between 200 and 400 percent of the poverty line for the size of the family involved. (iii) 12 percent of annual household income for an individual with household income above 400 percent of the poverty line for the size of the family involved. (B) Out-of-pocket expenses.--In this paragraph, the term ``out-of-pocket expenses'' includes deductibles, coinsurance, copayments, premiums, balance billing amounts for non-network providers, and similar charges. ______