Health Savings Account Expansion Act of 2016
Official title: To amend the Internal Revenue Code of 1986 to expand the permissible use of health savings accounts to include health insurance payments and to increase the do… Show full official titleShow less
Official title: To amend the Internal Revenue Code of 1986 to expand the permissible use of health savings accounts to include health insurance payments and to increase the dollar limitation for contributions to health savings accounts, and for other purposes.
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Referred to the House Committee on Ways and Means.
Health Savings Account Expansion Act of 2016
This bill amends the Internal Revenue Code to modify the requirements for health savings accounts (HSAs). The bill modifies the requirements to:
- increase the maximum contribution amounts,
- permit the use of HSAs to pay health insurance premiums and direct primary care expenses,
- repeal the restriction on using HSAs for over-the-counter medications,
- eliminate the requirement that a participant in an HSA be enrolled in a high deductible health care plan, and
- decrease the additional tax for HSA distributions not used for qualified medical expenses.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 5324: Health Savings Account Expansion Act of 2016. 114th Congress. Open America. https://openamerica.io/bill/114-HR-5324/
"H.R. 5324: Health Savings Account Expansion Act of 2016." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-5324/.
H.R. 5324, 114th Cong. (2026), https://openamerica.io/bill/114-HR-5324/.
[H.R. 5324: Health Savings Account Expansion Act of 2016](https://openamerica.io/bill/114-HR-5324/)