S. 653 is a bill proposed in the 119th Congress, aimed at amending the Internal Revenue Code of 1986 to allow membership in a health care sharing ministry to be treated as a medical expense for tax purposes. This means that people who are part of such ministries can count...
Simple Explanation
S. 653 wants to change the rules so that when people join a special group called a health care sharing ministry, they can count the money they spend there as medical expenses on their taxes, starting in 2026. This means these groups won't be considered health insurance, and it might make things a little tricky to understand and manage.