Facilitating enrollment in and payment into Healthcare Affordability Accounts

(a) In general Section 1311 of the Patient Protection and Affordable Care Act (42 U.S.C. 18031) is amended— (1) in subsection (b)(1)— (A) in subparagraph (B), by striking and at the end; (B) by redesignating subparagraph (C) as subparagraph (D); and (C) by inserting after subparagraph (B) the following: (C) in the case of plan years beginning after December 31, 2026, and before January 1, 2032, facilitates enrollment in Healthcare Affordability Accounts described in section 223(i) of the Internal Revenue Code of 1986, for qualified individuals who purchase qualified health plans and are eligible for premium tax credits under section 36B; and; (2) by adding at the end of subsection (c) the following: (8) Enrollment in Healthcare Affordability Accounts The Secretary shall establish a procedure for notifying qualified individuals who purchase qualified health plans and who are eligible for a premium tax credit under section 36B of the Internal Revenue Code of 1986 of the need to enroll in a Healthcare Affordability Account described in section 223(i) of such Code, in order to receive such credit, for plan years beginning after December 31, 2026, and before January 1, 2032.; and (3) in subsection (d)(4)(G), by inserting, and, for plan years beginning after December 31, 2026, and before January 1, 2032, make available to any individual qualifying for such a tax credit, a link to the application on the website of the Department of the Treasury for enrollment in a Healthcare Affordability Account described in section 223(i) of the Internal Revenue Code of 1986 before the semicolon at the end. (b) Payment of premium tax credits into Healthcare Affordability Accounts Section 1412 of the Patient Protection and Affordable Care Act (42 U.S.C. 18082) is amended— (1) in subsection (a)(3)— (A) by striking the Secretary of the Treasury makes advance payments and inserting “the Secretary of the Treasury— (A) except as provided in subparagraph (B), makes advance payments; (B) by striking the period at the end and inserting, and; and (C) by adding at the end the following new subparagraph: (B) in the case of a plan year beginning after December 31, 2026, and before January 1, 2032, makes advance payments— (i) of such premium tax credit into the Healthcare Affordability Account maintained under section 223(i) of the Internal Revenue Code of 1986 for each individual eligible for such credit; and (ii) of such cost-sharing reductions to the issuers of the qualified health plans in order to reduce the premiums payable by individuals eligible for such cost-sharing reductions.; and (2) in subsection (c)(2)— (A) by striking The Secretary and inserting Except as provided in subparagraph (C), the Secretary; and (B) by adding at the end the following new subparagraph: (C) Payment of premium tax credit into Healthcare Affordability Accounts In the case of plan years beginning after December 31, 2026, and before January 1, 2031, the Secretary of the Treasury shall make the advance payment under this section of any premium tax credit allowed under section 36B of the Internal Revenue Code of 1986 to the Healthcare Affordability Account of the applicable individual on a monthly basis (or such other periodic basis as the Secretary may provide)..