Mid City Times

Congresswoman Beth Van Duyne, alongside Congressmen Dan Meuser and Dan Crenshaw, has introduced the HSA Modernization Act. The legislation aims to broaden the accessibility of health savings accounts (HSAs) for more Americans.

“After meeting with North Texas families and medical professionals, including through health-focused roundtable discussions, I’m reintroducing the HSA Modernization Act to help make healthcare more affordable and flexible,” stated Rep. Van Duyne. She emphasized that the bill intends to reduce regulations and expand eligibility for disabled veterans, working seniors, and Native Americans.

Congressman Dan Meuser expressed his support by stating, “As healthcare costs continue to rise, I am pleased to join Congresswoman Van Duyne in introducing the HSA Modernization Act.” He highlighted its potential benefits for veterans and seniors in Pennsylvania’s Ninth District.

Grover Norquist from Americans for Tax Reform noted that approximately 72 million Americans use HSAs but face challenges due to federal regulations. He supported the act's provisions such as increasing contribution limits and establishing automatic eligibility for certain health plans.

The Employers Council on Flexible Compensation also backed the legislation: "The Employers Council on Flexible Compensation (ECFC) strongly supports Congresswoman Beth Van Duyne reintroduction of the HSA Modernization Act." Joel White from the Council for Affordable Health Coverage added praise by saying it allows greater flexibility and control over healthcare costs.

The bill includes measures like expanding HSA eligibility for users of specific health plans, ensuring mental health service plan holders can access HSAs, covering healthcare services prior to account establishment, allowing spousal contributions into a single account, and increasing contribution limits.