Rep. Paulsen Advances Three Health Care Affordability Bills
"Health Savings Accounts help Americans save for medical expenses and spend their health care dollars more effectively," said Paulsen."They've also been proven to lower health care costs. But there are ways we can modernize HSAs and make them more widely available. These bills will make quality care more affordable and more accessible to middle-income families."
Paulsen's bills each make HSAs more useful and more accessible to millions of Americans.
H.R. 6317allows account holders to use HSA funds to cover expenses associated with Direct Primary Care (DPC) arrangements. Patients and employers using Direct Primary Care models pay their doctors and care providers directly, without third-party insurance involvement. It enables doctors and other providers to focus more directly on a patient's needs instead of insurance company administration and billing requirements. Existing rules prohibit Direct Primary Care patients from using HSAs to pay their provider fees.
H.R. 6309 helps working seniors by allowing Medicare enrollees over 65 to contribute to their HSAs. Existing law prohibits Medicare enrollees from continuing to contribute to Health Savings Accounts after turning 65.
H.R. 6306 makes it easier for families to contribute to and use HSAs. It increases maximum contribution limits to
Rep. Titus Issues Statement on Protect Medical Innovation Act
Emerging Data Sources, Advanced Analytics Provide Expanding Universe Full of Promise for Insurers
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News