H.R. 8840
Fair Care Act of 2026
Sponsor: Bruce Westerman · 0 cosponsors
Official summary
No official summary yet.
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
(a) In general. Section 106 of the Internal Revenue Code of 1986 is amended by adding at the end the following new subsection:
(h) Limitation
(1) In general. Subsection (a) shall not apply to the extent that employer-provided coverage under health plans for an employee for a taxable year exceeds—
(A) $10,200 for self-only coverage, and
(B) $27,500 for all other coverage.
(2) In general. In the case of any calendar year after 2026, the dollar amounts in paragraph (1) shall each be increased by an amount equal to—
(A) such dollar amount, multiplied by
(B) the cost-of-living adjustment determined under section 1(f)(3) for such calendar year, determined—
(i) by substituting calendar year 2025 for calendar year 2018 in subparagraph (A)(ii) thereof, and
(ii) by substituting for the C–CPI–U referred to in section 1(f)(3)(A) the amount that such CPI would have been if the annual percentage increase in CPI with respect to each year after 2024 and before 2034 had been one percentage point greater.
(3) Terms related to CPI
(A) Annual percentage increase. For purposes of subparagraph (B)(ii)(II), the term annual percentage increase means the percentage (if any) by which C–CPI–U for any year exceeds the C–CPI–U for the prior year.
(B) Other terms. Terms used in this paragraph which are also used in section 1(f)(3) shall have the same meanings as when used in such section.
(b) Effective date. The amendments made by this section shall apply with respect to taxable years beginning after December 31, 2026.
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
C Medicare Choice and Competition
D Telehealth Improvements and Expansion