H.R. 8840
Fair Care Act of 2026
Sponsor: Bruce Westerman · 0 cosponsors
Official summary
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Text of the bill
I Modernization of health savings accounts
A Modernization of health savings accounts and contributions
B Assistance to health savings accounts
II Improving Private Health Insurance
A Maintaining Protections for Patients with Preexisting Conditions
B Expanding Coverage Options
C Improving Commercial Health Insurance
III Competition, Transparency and Accountability
A Provider and Insurer Competition
B Price Transparency
C Prescription Drug Competition and Innovation
D Prescription Drug and Pharmacy Benefit Manager Transparency
E Medicare and Medicaid Prescription Drug Reforms
F Medical Malpractice Reform
IV Medicare and Medicaid Reforms
A Medicaid Reforms
B Medicare Reforms
Section 1861(v)(1) of the Social Security Act (42 U.S.C. 1395(v)(1)) is amended—
(1) in subparagraph (T)—
(A) in clause (iv), by striking and at the end;
(B) in clause (v)—
(i) by striking during fiscal year and inserting during fiscal years;
(ii) by striking or a subsequent fiscal year and inserting through 2026; and
(iii) by striking the period at the end and inserting , and; and
(C) by adding at the end the following new clause:
(vi) for cost reporting periods beginning during fiscal year 2027 or a subsequent fiscal year, by the percent applicable for cost reporting periods beginning during the previous fiscal year, increased (through fiscal year 2029) by 10 percentage points.
(2) in subparagraph (V)—
(A) in clause (i)—
(i) in subclause (III), by striking and at the end;
(ii) in subclause (IV)—
(I) by striking during fiscal year and inserting during fiscal years 2017 through 2026; and
(II) by striking the period at the end and inserting ; and; and
(iii) by adding at the end the following new subclause:
(V) for cost reporting periods beginning during fiscal year 2027 or a subsequent fiscal year, the percent applicable for cost reporting periods beginning during the previous fiscal year, increased (through fiscal year 2029) by 10 percentage points.
; and
(B) in clause (ii)—
(i) in subclause (III), by striking and at the end; and
(ii) in subclause (IV)—
(I) by striking a subsequent fiscal year and inserting fiscal years 2015 through 2026;
(II) by striking the period at the end and inserting ; and; and
(III) by adding at the end the following new subclause:
(V) for cost reporting periods beginning during fiscal year 2027 or a subsequent fiscal year, shall be reduced by the percent applicable for cost reporting periods beginning during the previous fiscal year, increased (through fiscal year 2029) by 10 percentage points.
; and
(3) in subparagraph (W)(i)—
(A) in subclause (II), by striking and at the end;
(B) in subclause (III)—
(i) by striking during a subsequent fiscal year and inserting during fiscal years 2015 through 2026; and
(ii) by striking the period at the end and inserting ; and; and
(C) by adding at the end the following new subclause:
(IV) for cost reporting periods beginning during fiscal year 2027 or a subsequent fiscal year, by the percent applicable for cost reporting periods beginning during the previous fiscal year, increased (through fiscal year 2029) by 10 percentage points.
C Medicare Choice and Competition
D Telehealth Improvements and Expansion