Cost-of-Living Fairness Act

This bill would require that payments made for certain insurance policy premiums be counted as income or resources when determining whether individuals qualify for federally-funded benefits or assistance programs. Currently, some insurance premium payments may not be considered in eligibility calculations for various federal assistance programs. By mandating that these payments be included in eligibility determinations, the bill could affect who qualifies for federal benefits and potentially reduce the number of people eligible for assistance. The legislation aims to create more uniform standards across federal programs for how insurance-related payments are treated in means-testing processes.