Medicare Flex Fund Accounts and Flexible Benefits Act of 2024

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [S. 5633 Introduced in Senate (IS)] <DOC> 118th CONGRESS 2d Session S. 5633 To establish Medicare flex fund accounts and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES December 19 (legislative day, December 16), 2024 Mr. Scott of Florida introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To establish Medicare flex fund accounts and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Medicare Flex Fund Accounts and Flexible Benefits Act of 2024''. SEC. 2. MEDICARE FLEX FUND ACCOUNTS. (a) In General.--Part VIII of subchapter F of chapter 1 of the Internal Revenue Code of 1986 is amended by adding at the end the following new section: ``SEC. 530A. MEDICARE FLEX FUND ACCOUNTS. ``(a) In General.--A Medicare flex fund account shall be exempt from taxation under this subti…