Lets all individuals use Health Savings Accounts with higher limits and makes hospital prices clearer.
This bill would let anyone contribute to a Health Savings Account (HSA), not just those with high-deductible plans. It would also significantly raise the amount people can put into these accounts and make existing hospital price transparency rules permanent law, aiming to give more people flexible ways to save for healthcare costs and make hospital pricing easier to understand.
Today, only people with high-deductible health plans can contribute to Health Savings Accounts (HSAs), and there are specific limits on how much they can save and how they can use the funds. If this bill becomes law, anyone would be able to contribute to an HSA, with annual limits increasing to $8,000 for individuals and $16,000 for joint returns, plus extra for dependents and those over 55. It would also make current hospital price transparency rules permanent federal law.
HR 2419 · 119th Congress · March 27, 2025 · AI Summary by gemini-2.5-flash · 8/10
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