legislation: 114-hr-6513
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| 114-hr-6513 | 114 | hr | 6513 | American Future Healthcare Act of 2016 | Taxation | 2016-12-08 | 2016-12-08 | Referred to the House Committee on Ways and Means. | House | Rep. King, Steve [R-IA-4] | IA | R | K000362 | 0 | American Future Healthcare Act of 2016 This bill amends the Internal Revenue Code, with respect to health savings accounts (HSAs), to: repeal the requirement that an individual making a tax deductible contribution to an HSA be covered by a high deductible health care plan; increase the maximum HSA contribution level; allow Medicare eligible individuals to contribute to an HSA; allow HSAs to be used to purchase health insurance; provide a cost-of-living adjustment for the limits on additional contributions for individuals 55 or older (catch-up contributions); require the cost-of-living adjustments to be indexed to the CPI medical care component (the medical care component for the Consumer Price Index for All Urban Consumers published by the Department of Labor); and allow a rollover of HSA amounts to a Medicare Advantage Medical Savings Account (MSA). | 2023-01-11T13:33:54Z |