H.R. 6474 · 117th Congress

Health Savings Freedom Act of 2022

Stage
In committee
Introduced
2022-01-21
Latest action
2022-01-21 · Introduced in House

Summary

Health Savings Freedom Act of 2022

This bill revises health savings account (HSA) provisions to (1) increase the limit on contributions to such accounts for individuals and families, (2) eliminate the requirement to maintain high deductible coverage as a condition of eligibility for participation in such accounts, and (3) expand the definition of qualified medical expenses for purposes of HSAs to include medicine and drugs and certain long-term care expenses.