S 2441
Health Savings Account Expansion Act of 2019
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- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
The Health Savings Account Expansion Act of 2019 aims to broaden access to health savings accounts (HSAs). It modifies the Internal Revenue Code to allow individuals who don't have high-deductible health plans to contribute to and benefit from HSAs. The bill increases the maximum allowable contribution amounts for these accounts and clarifies the definition of a ‘qualified health plan’ for HSA eligibility, removing the requirement for a deductible.
Sponsors
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Primary sponsor
Ben Sasse
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