This bill revises provisions relating to health savings accounts (HSAs), including to
eliminate the requirement that a participant in an HSA be enrolled in a high deductible health plan;
repeal certain limitations on deductions for contributions to HSAs;
repeal rules relating to eligible individuals who participate in HSAs;
repeal the limitation on use of HSAs to purchase health insurance;
include certain medical items as medical expenses for HSA purposes, including menstrual care products, over-the-counter medicines, and medically necessary items;
include as HSA-eligible medical expenses, direct primary care, exercise equipment, and dental care items; and
prohibit the use of HSAs to pay for abortions or for insurance that includes coverage for abortions.
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Apr 22, 2021
Referred to the House Committee on Ways and Means.