Matt's Health Insurance Plan Act of 2004

[AI summary unavailable — showing source text] Matt's Health Insurance Plan Act of 2004 - Requires each employer to offer health insurance coverage constituting qualified health care to employees, former employees, and their families. Amends the Internal Revenue Code to allow a tax credit equal to 60 percent of the amount paid or incurred by an employer during the taxable year to provide qualified health care (directly or otherwise) to employees, former employees, and their families under a group health plan during the one year period ending January 1, 2005. Prescribes formulae for tax credits for other employers, including the self-employed, who provide qualified health insurance after such date. Allows a tax credit to certain low-wage workers for 25 percent of amounts paid for coverage under any subsidized health plan maintained by any employer of the taxpayer or of the taxpayer's spouse. Directs the Secretary of the Treasury to establish a program for payments to qualified nontaxpayer employers who provide qualified health care under this Act. Amends title XVIII (Medicare) of the Social Security Act, as amended by the Medicare Prescription Drug, Improvement, and Modernization Act of 2003, to provide for access to Medicare be…