As health care costs escalate and consumerism becomes increasingly important, health savings accounts (HSAs), paired with high deductible health plans, are becoming an increasingly popular health plan option for employers. Current IRS limits on contributions, eligibility, qualified reimbursable services and complex administrative requirements hinder their overall usefulness and certainly render them less than user-friendly. Rules governing HSAs' coordination with other types of health accounts (health flexible spending accounts and health reimbursement arrangements) also present obstacles for employers and employees wishing to maximize the benefits of all three types of accounts.
Congress has expressed an interest in increasing the flexibility and value of HSAs and HSA plans.
House Passes Health Account Improvement Bills; Would Expand Pre-Deductible Coverage within Limits
The U.S. House of Representatives passed two broad health account improvement bills (H.R. 6199 and H.R. 6311) that would take effect in 2019 if enacted into law
National Business Group on Health's Position Statement on Health Accounts
The National Business Group on Health supports regulatory and legislative efforts to promote consumer-directed health care and health accounts.
Policy Brief — Policies to Enhance Affordable Health Coverage: Consumer-Directed Health Plans
This public policy brief examines the impact of this type of coverage on costs, quality and other important factors. It also recommends policy changes suggested by the research to make these types of plans easier to use for needed health care services.