OFFICIAL LEGISLATIVE ADDENDUM: THE MEDICAL WEALTH RESTORATION & DEBT RECONSTRUCTION ACT
To be annexed to: Title XIX—Medicare for All Who Want It (Part E)
I. The “One Body One Plan” Debt Recalibration
Pursuant to the One Body One Plan mandate, all historical healthcare debt—including Dental, Vision, and Hearing (D/V/H) services—is eligible for federal reconstruction.
- Recategorization: Any debt incurred for “routine, basic, or major restorative services” (including crowns, root canals, and implants) is legally classified as “Essential Medical Debt.”
- The 1% Consolidation Loan: Eligible individuals may consolidate all “Essential Medical Debt” into a single federal “Restoration Loan” fixed at 1.0% APR.
- Administrative Reprocessing: The Medical Debt Reconstruction Office (MDRO) is authorized to use AI-driven data matching to retroactively adjust private provider billing to the established Part E reimbursement rates. This “re-rated” amount becomes the new principal of the loan, effectively discharging the inflated “sticker price” portion of the debt.
II. The “Shadow Debt” Protection Clause
To prevent the circumvention of consumer protections, this act extends federal oversight to third-party medical financing.
- Source-Based Classification: Any debt originating from a licensed healthcare provider, even if transferred to a third-party medical credit card or high-interest lender, retains its status as “Medical Debt.”
- Mandatory Buyback: The MDRO is empowered to “buy back” this debt from private lenders at the Part E rate, moving the borrower from predatory interest tiers into the 1% Restoration Loan structure.
III. The Wealth Protection & Asset Shield
This section prohibits the systemic “liquidation of the poor” as a condition of receiving federal or state-level medical assistance.
- The “401k Shield”: No individual shall be required to liquidate, exhaust, or draw down retirement accounts (401k, 403b, IRA), primary residences, or essential transportation to meet eligibility requirements for Medicare for All Who Want It or Medicaid.
- Prohibition of Spend-Downs: Any state receiving federal healthcare subsidies is barred from enforcing “asset tests” that require the depletion of personal savings for life-sustaining care.
IV. The Inflation-Adjusted Estate Recovery Limit
To preserve generational wealth and community stability, estate recovery is strictly limited.
- The Non-Volatile Shield: Primary residences are exempt from estate recovery up to a Historical Value Average (HVA).
- Market Flux Protection: The HVA is calculated using a 10-year rolling average of the home’s value or its inflation-adjusted purchase price, whichever is higher. This protects survivors from losing their homes due to temporary housing bubbles or local market spikes.
Implementation Mechanics
- Workflow: AI-Scrubbing of incoming applications flags billing anomalies, Small Human Review Team (under CFPB/Medicare) adjudicates disputes, Automated Disbursement clears the original provider’s books.
- Enforcement: Compliance with the Wealth Protection & Asset Shield is a mandatory prerequisite for states to receive federal matching funds under the One Body One Plan Act.
View the details of the One Body One Plan Bill Here
View the Legal Bill Expanding Medicare Access Here
View Other Project 2029 Proposals Here
View Other Economic Equity & Opportunity Proposals Here
View the Restoration of the Republic Proposals Here
