H.R.6305 - Bipartisan HSA Improvement Act of 2018115th Congress (2017-2018)
|Sponsor:||Rep. Kelly, Mike [R-PA-3] (Introduced 07/03/2018)|
|Committees:||House - Ways and Means|
|Committee Reports:||H. Rept. 115-844|
|Latest Action:||House - 07/19/2018 Placed on the Union Calendar, Calendar No. 653. (All Actions)|
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Summary: H.R.6305 — 115th Congress (2017-2018)All Information (Except Text)
Introduced in House (07/03/2018)
Bipartisan HSA Improvement Act of 2018
This bill amends the Internal Revenue Code to modify rules for health savings accounts (HSAs) regarding eligibility and interactions with other tax-favored health accounts.
The bill specifies that receiving or being eligible to receive certain employment-related items and services at an employer-sponsored (e.g., an on-site clinic) or retail health care facility is not considered health care coverage that disqualifies an individual from participating in an HSA. The items and services include
- physical examinations,
- drugs other than a prescribed drug,
- treatment for injuries occurring in the course of employment,
- drug testing as a condition of employment,
- hearing or vision screenings, and
- other similar items and services that do not provide significant benefits in the nature of medical care.
The bill also (1) allows an eligible individual to make HSA contributions if a spouse has a flexible spending arrangement (FSA) as long as the FSA does not also reimburse the expenses of the spouse with the HSA, and (2) modifies the rules for using FSA or a health reimbursement arrangement terminations or conversions to establish an HSA.