Private Healthcare Tax Credits Bill

A

BILL

TO

Introduce a Health Tax Credits scheme in which minor rebates are given to middle to low income households for purchasing government approved private healthcare insurance schemes.

BE IT ENACTED by the Queen's most Excellent Majesty, by and with the advice and consent of the Lords Temporal, and the Commons, in this present Parliament assembled, and by the authority of the same, as follows:—

Section 1 - Definitions

1. A ‘government-approved provider’ is any Private Healthcare Provider that is a member of the Private Healthcare Information Network (PHIN).

2. A ‘private healthcare customer’ is any person who purchases healthcare from a government-approved provider.

3. An ‘applicant’ is any person applying to Her Majesty’s Treasury for a rebate on their purchase of healthcare from a government-approved provider.

Section 2 - Health Tax Credits

1. An individual who lives in a household earning less than £12,000 per annum will receive a rebate of 20% of their Private Healthcare Insurance.

2. An individual who lives in a household earning between £12,000 and £20,000 per annum will receive a rebate of 17.5% of their Private Healthcare Insurance.

3. An individual who lives in a household earning between £20,000 and£28,000 per annum will receive a rebate of 15% of their Private Healthcare Insurance.

4. An individual who lives in a household earning between £28,000 and £36,000 per annum will receive a rebate of 12.5% of their Private Healthcare Insurance.

5. An individual who lives in a household earning between £36,000 and £44,000 per annum will receive a rebate of 10% of their Private Healthcare Insurance.

6. Rebates will be provided by Her Majesty’s Treasury.

Section 3 - Requirements for rebates

1. In order to receive rebates, applicants must fulfil the following criteria:

i. live in permanent residence within the United Kingdom

ii. have private healthcare insurance with a government-approved provider; and

iii. be at or over the age of 18.

iii. be at or over the age of 16.

Section 4 - Applications for rebates

1. Private healthcare customers will be able to apply to Her Majesty’s Treasury no more than once every 12 months in order to receive their annual rebate.

2. Applicants must provide the following in order to qualify for a rebate:

i. a receipt of annual private insurance; and

ii. evidence of annual household income.

1. Rebates will be paid directly into the applicant’s bank account.

2. An applicant can apply on behalf of their entire household.

Section 5 - Extent, Commencement, and Short Title

1. This bill shall extend to England, Scotland and Wales.

2. This bill shall come into force 3 months after royal assent.

3. This bill may be cited as the Private Healthcare Tax Credits Act 2017.

This bill was written by the Secretary of State for Wales, Rt. Hon. /u/real-friends MP KBE, and the Secretary of State for Work and Welfare, the Rt. Hon. /u/Hairygrim MP, on behalf of the Conservative and Unionist Party.

This division will end on 6 October 2017 at 11:00 UTC.

Division! Clear the bar.