11 health savings account expansion bills clear House committee

The House Ways and Means Committee last week approved 11 bills related to expanding health savings accounts, largely along party lines.

Among those approved by the committee are:

R. 6301, which would allow high-deductible health plans to offer up to $250 in first-dollar coverage flexibility. This means people with HSA-eligible HDHPs could use up to $250 per year on services like chronic care management or telehealth before meeting their deductible.
R. 6312, which would allow people with HSAs to use up to $500 a year for sports and fitness expenses, such as gym memberships or sports equipment. Golf, hunting, sailing and riding are not considered physical exercise under the bill.
R. 6306, which would increase the amount that can be contributed to HSAs to the amount of a person's deductible and out-of-pocket limit. It also allows both spouses to make catch-up contributions to the same HSA.

Find the full committee markup here.