Senators Marshall Introduces Legislation to Expand Health Savings Accounts

Washington - On Tuesday, U.S. Senator Roger Marshall, M.D. (R-Kansas) introduced the Health Savings Account (HSA) Expansion Act, legislation that would expand access to HSAs and give Americans more freedom and flexibility in how they pay for their health care.

As a physician who spent more than 25 years delivering babies and caring for patients across western Kansas, Senator Marshall has long fought to put health care decisions back in the hands of patients and families. The HSA Expansion Act builds on that commitment by dismantling restrictions that prevent millions of Americans from accessing one of the most powerful tools available for managing healthcare costs.

"As a physician, I saw firsthand how confusing and expensive our health care system can be," said Senator Marshall. "This legislation gives Americans more flexibility, more choice, and more control over how they manage their medical expenses. Health care decisions belong to patients and families - not Washington. This bill makes that real."

What the bill does:

• Expands HSA eligibility to people on Medicare, Medicaid, and CHIP.
• Expands HSA eligibility to all plans that have a deductible above a certain amount, regardless of other factors.
• Allows a person to pay for their insurance premium with HSA funds.
• Allows a person to pay their health care sharing ministry expenses with HSA funds.

Full text of the bill is available here.

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