GOP Tax Bill Leaves Health Savings Accounts Untouched

Some Republicans see HSAs as a great way of helping consumers deal with mounting medical costs. It’s still possible a change to the rules governing who can have an HSA and what they are allowed to cover could be added to another bill, some analysts say.

Gary Waters/Ikon Images/Getty Images


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Gary Waters/Ikon Images/Getty Images

Some Republicans see HSAs as a great way of helping consumers deal with mounting medical costs. It’s still possible a change to the rules governing who can have an HSA and what they are allowed to cover could be added to another bill, some analysts say.

Gary Waters/Ikon Images/Getty Images

The ongoing uncertainty about congressional changes to the health law — and their impact on insurance and the online marketplaces — continues to raise questions among consumers. Here are answers to recent queries.

Does the GOP tax bill affect health savings accounts?

At this time, there are no changes aimed specifically at HSAs. These are savings accounts linked to high-deductible health plans, and are exempt from tax liability.

Article source: https://www.npr.org/sections/health-shots/2017/12/19/571705147/gop-tax-bill-leaves-health-savings-accounts-untouched?utm_medium=RSS&utm_campaign=affordablecareact

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