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Life Health > Health Insurance

Legislative Proposals re: HSAs

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Issue HR 5262 (Cantor) HR 5743 (Ryan) S 3488 (Coburn) Other Legislation
Paying Expenses Before the HSA is Established Allows expenses to be reimbursed if they occur before the date the account is established as long as the HSA is set up during the taxable year in which the expense was incurred (i.e. up to April 15 of the following year). Same Same S 3585 (Hatch)
Using HSA Funds to Purchase Health Insurance Allows use of HSA funds for “non-group” HDHPs. Allows use of HSA funds for HDHPs. Same

HR 5586 (Johnson)

S 2549 (DeMint) S 2554 (Ensign) S 3585 (Hatch)

Allowing Individuals Eligible for Medicare to Have HSAs Not addressed Would allow an individual who is enrolled in Medicare Part A but has not taken Part B to participate in and HSA Not addressed HR 5862 (Campbell) S 3655 (Craig)
Allowing Individuals Eligible for VA Coverage to Have HSAs Not addressed Allows veterans to contribute to an HSA Not addressed S 3655 (Craig)
HSA Contribution Limits Increases HSA contribution limits to the out-of-pocket expenses limit on the high deductible health plan Increases contribution limits up to $2,700 (self-only coverage) and $5,450 (family coverage). Increases HSA contribution limits to the out-of-pocket expenses limit on the high deductible health plan S 2424 (Allen) S 3585 (Hatch)