ABA Supports HSA Provisions in House Bills

As the House Ways and Means Committee today began a markup of several bills that included provisions related to health savings accounts, ABA wrote to committee leaders thanking them for their efforts to expand the flexibility of HSAs.

Specifically, ABA expressed support for provisions that would allow working seniors to keep their employer-provided HSAs and also be covered by Medicare, and for a provision that would increase the maximum contribution to equal the out-of-pocket maximum for an HSA-qualified health plan.

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About Author

Monica C. Meinert is a senior editor at the ABA Banking Journal and VP for editorial strategy at the American Bankers Association, where she oversees ABA Daily Newsbytes.