Proposed Tax Deduction for Health Insurance Premiums

Where This Stands

Introduced

Committee

Floor Vote

Passed

Signed

Currently IN_COMMITTEE. The next step in the legislative lifecycle is Floor Vote.

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

The Frame

What this does

If passed, this bill would lower the taxable income for individuals who pay for their own health insurance, potentially reducing their annual federal income tax liability starting with the 2023 tax year.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Individual taxpayers

Individuals who pay for their own health insurance premiums would be eligible to claim a new deduction against their taxable income.

What changed

Current stage: IN_COMMITTEE.

What's next

Floor Vote.

Summary

This bill would allow individuals to deduct the cost of their health insurance premiums from their taxable income, regardless of whether they choose to their other tax deductions. This change would apply to premiums paid for the taxpayer, their spouse, and their dependents.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Why It Matters

If passed, this bill would lower the taxable income for individuals who pay for their own health insurance, potentially reducing their annual federal income tax liability starting with the 2023 tax year.

Frequently Asked Questions

Do I need to itemize my taxes to claim this deduction?

No. The bill specifically allows this deduction to be taken whether or not an individual s other deductions.

Who is covered by this potential deduction?

The deduction covers premiums paid for the taxpayer, the taxpayer's spouse, and the taxpayer's dependents.

When would this change take effect?

If enacted, the deduction would apply to taxable years beginning after December 31, 2022.

News Coverage

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Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

Expansion of Tax-Advantaged Healthcare

The bill represents a shift toward allowing universal access to a tax deduction for health insurance, moving away from requirements that typically limit such deductions to self-employed individuals or those who itemize.

Internal Revenue Code of 1986

Connected Entities

bill_numberH.R. 109“The bill number introduced in the House of Representatives.”Map →

othersection 225“The section that section 224 is redesignated from.”Map →

othersection 62“A section of the Internal Revenue Code related to adjusted gross income.”Map →

otherInternal Revenue Code of 1986“The existing tax law that this bill seeks to amend.”Map →

organizationCommittee on Ways and Means“The House committee to which the bill was referred.”Map →

othersection 224“The new section proposed by the bill for health insurance premium deductions.”Map →

othersection 223“A section of the Internal Revenue Code related to deductions.”Map →

personBiggs“Representative who introduced the bill.”Map →

othersection 213(d)“A section of the Internal Revenue Code defining medical care.”Map →

dateDecember 31, 2022“The effective date for the proposed amendments.”Map →

dateJanuary 9, 2023“The date the bill was introduced.”Map →

Analysis Score

0–100

Significance65
How much this matters to a regular citizen
Controversy40
Intensity of disagreement among stakeholders
Entertainment5
Compellingness for a non-policy-wonk reader
Buzz20
Current news / social attention level