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Senate Bill 275
117th Congress(2021-2022)
Retirement Freedom Act
Introduced
Introduced
Introduced in Senate on Feb 8, 2021
Overview
Text
Introduced in Senate 
Feb 8, 2021
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Introduced in Senate(Feb 8, 2021)
Feb 8, 2021
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
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S. 275 (Introduced-in-Senate)


117th CONGRESS
1st Session
S. 275


To allow individuals to choose to opt out of the Medicare part A benefit.

IN THE SENATE OF THE UNITED STATES

February 8, 2021

Mr. Cruz (for himself and Mr. Paul) introduced the following bill; which was read twice and referred to the Committee on Finance

A BILL

To allow individuals to choose to opt out of the Medicare part A benefit.

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 “Retirement Freedom Act”.

SEC. 2. Allowing individuals to choose to opt out of the Medicare part A benefit.

Any individual who is otherwise entitled to benefits under part A of title XVIII of the Social Security Act may elect (in such form and manner as may be specified by the Secretary of Health and Human Services) to opt out of such entitlement. Notwithstanding any other provision of law, in the case of an individual who makes such an election, such individual—

(1) may (in such form and manner as may be specified by the Secretary) subsequently choose to end such election and opt back into such entitlement (in accordance with a process determined by the Secretary) without being subject to any penalty;

(2) shall not be required to opt out of benefits under title II of such Act as a condition for making such election; and

(3) shall not be required to repay any amount paid under such part A for items and services furnished prior to making such election.