1. Short title; table of contents (a) Short title This Act may be cited as the Medicare for America Act of 2018 . (b) Table of contents The table of contents of this Act is as follows: Sec. 1. Short title; table of contents. Title I—Transitioning to and Establishing Medicare for America Subtitle A—Transitional public health option Sec. 101. Establishment. Sec. 102. Eligibility. Sec. 103. Benefits. Sec. 104. Premiums. Sec. 105. Providers and reimbursement rates. Sec. 106. Account; funding. Subtitle B—Medicare for America Sec. 111. Establishment and administration of Medicare for America. Sec. 112. Modifications to and coordination with existing Federal health programs. Subtitle C—Targeted Reforms Sec. 121. Limitation on removal of Medicare Advantage providers by MA organizations. Sec. 122. Network adequacy. Sec. 123. Eliminating the 24-month waiting period for Medicare coverage for individuals with disabilities. Sec. 124. Employer health plan options. Sec. 125. Prohibition on step therapy and prior authorization under group health plans. Sec. 126. Medicare outpatient observation services. Sec. 127. Abortion coverage. Title II—Tax Provisions Sec. 201. Sunset of Public Law 115–97 . Sec. 202. Surtax. Sec. 203. Basis of property acquired from a decedent. Sec. 204. Medicare payroll tax. Sec. 205. Net investment income tax. Sec. 206. Termination of health savings accounts. Sec. 207. Termination of flexible spending arrangements. Sec. 208. Increase in excise tax on small cigars and cigarettes and other tobacco products. Sec. 209. Excise tax on alcohol. Sec. 210. Tax on sugared drinks. Title III—Drug-Related Provisions Sec. 301. Establishment of the prescription drug and medical device review board. Sec. 302. Membership