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A bill to amend the Internal Revenue Code of 1986 to improve access to health care through expanded health savings accounts, and for other purposes.

USA115th CongressS-403| Senate 
| Updated: 2/15/2017
Orrin G. Hatch

Orrin G. Hatch

Republican Senator

Utah

Cosponsors (2)
Marco Rubio (Republican)Lisa Murkowski (Republican)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Health Savings Act of 201 7 This bill amends the Internal Revenue Code, with respect to health savings accounts (HSAs), to: rename high deductible health plans as HSA-qualified health plans; allow spouses who have both attained age 55 to make catch-up contributions to the same HSA; make Medicare Part A (hospital insurance benefits) beneficiaries eligible to participate in an HSA; allow individuals eligible for hospital care or medical services under a program of the Indian Health Service or a tribal organization to participate in an HSA; allow members of a health care sharing ministry to participate in an HSA; allow individuals who receive primary care services in exchange for a fixed periodic fee or payment, or who receive health care benefits from an onsite medical clinic of an employer, to participate in an HSA; include amounts paid for prescription and over-the-counter medicines or drugs as "qualified medical expenses" for which distributions from an HSA or other tax-preferred savings accounts may be used; increase the limits on HSA contributions to match the sum of the annual deductible and out-of-pocket expenses permitted under a high deductible health plan; and allow HSA distributions to be used to purchase health insurance coverage. The bill also: (1) amends the federal bankruptcy code to exempt HSAs from creditor claims in bankruptcy, and (2) amends the Social Security Act to reauthorize Medicaid health opportunity accounts. The bill allows a medical care tax deduction for: (1) exercise equipment, physical fitness programs, and membership at a fitness facility; (2) nutritional and dietary supplements; and (3) periodic fees paid to a primary care physician and amounts paid for pre-paid primary care services.
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Timeline
Feb 15, 2017
Introduced in Senate
Feb 15, 2017
Read twice and referred to the Committee on Finance.
Mar 16, 2017

Latest Companion Bill Action

HR 115-1175
Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
  • February 15, 2017
    Introduced in Senate


  • February 15, 2017
    Read twice and referred to the Committee on Finance.


  • March 16, 2017

    Latest Companion Bill Action

    HR 115-1175
    Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

Taxation

Related Bills

  • S 115-43: A bill to amend the Internal Revenue Code of 1986 to permit individuals eligible for Indian Health Service assistance to qualify for health savings accounts.
  • HR 115-365: To amend the Internal Revenue Code of 1986 to provide for the treatment of certain direct primary care service arrangements and periodic provider fees.
  • HR 115-1476: Native American Health Savings Improvement Act
  • HR 115-6306: Health Care Security Act of 2018
  • HR 115-1280: To amend the Internal Revenue Code of 1986 to increase the maximum contribution limit for health savings accounts, and for other purposes.
  • HR 115-1175: To amend the Internal Revenue Code of 1986 to improve access to health care through expanded health savings accounts, and for other purposes.
BankruptcyEmployee benefits and pensionsHealth care costs and insuranceHealth care coverage and accessHealth personnelHospital careIncome tax deductionsIndian social and development programsInflation and pricesMedicaidMedicareMilitary medicineMinority healthNutrition and dietPhysical fitness and lifestylePrescription drugsReligionSales and excise taxesSports and recreation facilitiesTax administration and collection, taxpayersTax treatment of families

A bill to amend the Internal Revenue Code of 1986 to improve access to health care through expanded health savings accounts, and for other purposes.

USA115th CongressS-403| Senate 
| Updated: 2/15/2017
Health Savings Act of 201 7 This bill amends the Internal Revenue Code, with respect to health savings accounts (HSAs), to: rename high deductible health plans as HSA-qualified health plans; allow spouses who have both attained age 55 to make catch-up contributions to the same HSA; make Medicare Part A (hospital insurance benefits) beneficiaries eligible to participate in an HSA; allow individuals eligible for hospital care or medical services under a program of the Indian Health Service or a tribal organization to participate in an HSA; allow members of a health care sharing ministry to participate in an HSA; allow individuals who receive primary care services in exchange for a fixed periodic fee or payment, or who receive health care benefits from an onsite medical clinic of an employer, to participate in an HSA; include amounts paid for prescription and over-the-counter medicines or drugs as "qualified medical expenses" for which distributions from an HSA or other tax-preferred savings accounts may be used; increase the limits on HSA contributions to match the sum of the annual deductible and out-of-pocket expenses permitted under a high deductible health plan; and allow HSA distributions to be used to purchase health insurance coverage. The bill also: (1) amends the federal bankruptcy code to exempt HSAs from creditor claims in bankruptcy, and (2) amends the Social Security Act to reauthorize Medicaid health opportunity accounts. The bill allows a medical care tax deduction for: (1) exercise equipment, physical fitness programs, and membership at a fitness facility; (2) nutritional and dietary supplements; and (3) periodic fees paid to a primary care physician and amounts paid for pre-paid primary care services.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Feb 15, 2017
Introduced in Senate
Feb 15, 2017
Read twice and referred to the Committee on Finance.
Mar 16, 2017

Latest Companion Bill Action

HR 115-1175
Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
  • February 15, 2017
    Introduced in Senate


  • February 15, 2017
    Read twice and referred to the Committee on Finance.


  • March 16, 2017

    Latest Companion Bill Action

    HR 115-1175
    Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Orrin G. Hatch

Orrin G. Hatch

Republican Senator

Utah

Cosponsors (2)
Marco Rubio (Republican)Lisa Murkowski (Republican)

Finance Committee

Taxation

Related Bills

  • S 115-43: A bill to amend the Internal Revenue Code of 1986 to permit individuals eligible for Indian Health Service assistance to qualify for health savings accounts.
  • HR 115-365: To amend the Internal Revenue Code of 1986 to provide for the treatment of certain direct primary care service arrangements and periodic provider fees.
  • HR 115-1476: Native American Health Savings Improvement Act
  • HR 115-6306: Health Care Security Act of 2018
  • HR 115-1280: To amend the Internal Revenue Code of 1986 to increase the maximum contribution limit for health savings accounts, and for other purposes.
  • HR 115-1175: To amend the Internal Revenue Code of 1986 to improve access to health care through expanded health savings accounts, and for other purposes.
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
BankruptcyEmployee benefits and pensionsHealth care costs and insuranceHealth care coverage and accessHealth personnelHospital careIncome tax deductionsIndian social and development programsInflation and pricesMedicaidMedicareMilitary medicineMinority healthNutrition and dietPhysical fitness and lifestylePrescription drugsReligionSales and excise taxesSports and recreation facilitiesTax administration and collection, taxpayersTax treatment of families