Rep. Mike Kelly R-PA from the House Ways and Means Health Subcommittee is sponsoring the Health Care Sharing Ministry Tax Parity Act (HCSM). The bill would allow members of faith-based organizations and ministries to deduct healthcare related expenses from their taxes to achieve tax fairness for ministries that share health care costs. The rules make it clear that these organizations would not be able to offer health insurance to ensure there would be no loopholes with the current tax rules. Millions of Americans participate in HCSM programs sharing the cost of more than $1 billion in medical expenses.
