Chronic Disease Flexible Coverage Act

This bill formalizes existing IRS guidance (IRS Notice 2019-45) that allows certain chronic disease services to be covered as preventive care under health insurance plans, without cost-sharing for enrollees. It directly affects health insurance plans and individuals with chronic conditions, ensuring coverage for specific treatments like diabetes management or hypertension care under current tax law. The key mechanism is treating the IRS guidance as having the same legal effect as if it were codified in the tax code, clarifying that insurers must cover these services as preventive care. This does not create new benefits but aligns insurance coverage with existing IRS rules.