Personalized Care Act of 2023

Summary

Personalized Care Act of 2023 This bill revises provisions relating to health savings accounts (HSAs), including to redefine eligible individual for HSA purposes to allow increased participation in HSAs, increase the limit on contributions to HSAs, permit the payment of health insurance premiums from HSAs, include within the definition of qualified medical expenses periodic fees paid for medical services and amounts paid by a member of a health care sharing ministry, treat periodic provider fees as deductible medical expenses, and lower the 20% penalty for nonqualified distributions from HSAs to 10%.

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Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 27 July 2023

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 27 July 2023

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 27 July 2023

  Open at official source

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