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H.R. 603

Health Savings Account Expansion Act of 2019

Health Savings Account Expansion Act of 2019

This bill modifies the requirements for health savings accounts (HSAs) to:

  • increase the maximum contribution amounts,
  • permit the use of HSAs to pay health insurance premiums and for direct primary care service arrangements,
  • repeal the restriction on using HSAs for over-the-counter medications,
  • eliminate the requirement that a participant in an HSA be enrolled in a high deductible health care plan, and
  • decrease the additional tax for HSA distributions not used for qualified medical expenses.

Referred to the Subcommittee on Health.

Rep. Gallagher, Mike [R-WI-8](R-WI)Sponsor
14 cosponsors14 R
14cosponsors1committees4actions4subjects
  1. Committee

    Referred to the Subcommittee on Health.

    Health Subcommittee
  2. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  3. IntroReferralIntro-H

    Introduced in House

  4. IntroReferral1000

    Introduced in House

Health Savings Account Expansion Act of 2019 — Informed