Enacts HSA and Tax Treatment Improvements ◦ Repeals the mandate that Health Savings Account are only available to those who have a health insurance policy.
◦ Increases the amount that can be contributed to the HSA from $3,250 for individuals to $10,000, and from $5,500 for individuals to $20,000.
◦ Allows Medicare enrollees to have HSAs if enrolled before Medicare-eligible.
◦ Allows HSA dollars to be rolled over into a Medicare Advantage MSA.
◦ Prohibits tax on amounts not used for medical care.
Never see the sun. The sad thing is, Medicare is so woven into the public fabric of America that angry seniors would descend on Washington in droves.
But Broun's bill kicks ass.
Bravo.
I like this guy.
It has no chance. There is nothing in it for politicians’ retirement funds. There is no way in it for politicians to mine for votes.
“The OPTION Act eliminates Medicare, Medicaid, the Childrens Health Insurance Program -— and the entire Center for Medicare and Medicaid Services.”
This is stupid... Most seniors have paid into medicare and depend on it for 80% of their coverage. Most were forced into the system and lost their earlier medical coverage.
Great idea. It’ll never happen.
CARE or total repeal have a chance, though.