The House Ways and Means Committee is slated on July 11 to markup a series of health care related bills. Included among the changes are provisions that address Health Savings Accounts (HSAs) and rollbacks of some tax provisions in the Affordable Care Act (ACA or Obamacare).
A majority of the legislative fixes are aimed at HSAs, including an increase in the contribution limitation for health savings accounts (H.R. 6306) and a provision that would include certain over-the-counter medical products as qualified medical expenses (H.R. 6199).
One bill (H.R. 4616), would provide for a delay in the implementation of the excise tax on high cost employer-sponsored health coverage and to put in place a temporary moratorium on the employer mandate. Other proposals would count fitness expenses as a qualified medical expense (H.R. 6312) and allow the carryforward of health flexible spending arrangement account balances (H.R. 6313).
