S. 5496

Health CARE Act of 2026

Sponsor: Mark R. Warner · 0 cosponsors

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I Restoring health care and lowering costs

Sec. 102. Permanent extension of enhanced tax credit

(a) In general. Subparagraph (A) of section 36B(c)(1) of the Internal Revenue Code of 1986 is amended by striking but does not exceed 400 percent.

(b) Applicable percentages

(1) In general. Subparagraph (A) of section 36B(b)(3) of the Internal Revenue Code of 1986 is amended to read as follows:

Text this section adds to the law

(A) Applicable percentage. The applicable percentage for any taxable year shall be the percentage such that the applicable percentage for any taxpayer whose household income is within an income tier specified in the following table shall increase, on a sliding scale in a linear manner, from the initial premium percentage to the final premium percentage specified in such table for such income tier: In the case of household income (expressed as a percent of poverty line) within the following income tier:The initial premium percentage is—The final premium percentage is—Up to 150 percent00150 percent up to 200 percent02.0200 percent up to 250 percent2.04.0250 percent up to 300 percent4.06.0300 percent up to 400 percent6.08.5400 percent and higher8.58.5.

(2) Conforming amendments relating to affordability of coverage

(A) Paragraph (1) of section 36B(c) of such Code is amended by striking subparagraph (E).

(B) Subparagraph (C) of section 36B(c)(2) of such Code is amended by striking clause (iv).

(C) Paragraph (4) of section 36B(c) of such Code is amended by striking subparagraph (F).

(c) Effective date. The amendments made by this section shall apply to taxable years beginning after December 31, 2026.

II Pathway to universal coverage

III Strengthening Medicaid

IV Lowering drug costs

V Ensuring quality health insurance and removing barriers to care

VI Lowering the cost of care

VII Reforming PBMs and Protecting Pharmacies