Personalized Care Act of 2025
One of the key impacts of HB 810 is its shift towards inclusivity by extending HSA eligibility to cover a broader range of health plans, beyond just high-deductible health plans, thus allowing a greater number of Americans to benefit from these accounts. Moreover, the bill explicitly includes health care sharing ministries and specific medical care service arrangements as qualified medical expenses, which can enhance the affordability of health care for participants in these programs. Such changes may lead to increased uptake of HSAs as a financial and health management tool.
House Bill 810, known as the Personalized Care Act of 2025, aims to amend the Internal Revenue Code to enhance health savings accounts (HSAs). The bill modifies eligibility requirements for HSAs, increasing the contribution limits significantly for individuals and families. Specifically, it allows individual contributions up to $10,800 and family contributions up to $29,500. This increase is intended to make HSAs more beneficial and accessible for individuals, promoting the use of tax-advantaged savings for health care expenses.
While supporters argue that expanding HSAs will promote consumer-driven health care, there are concerns from opponents regarding the potential for decreased coverage for essential health benefits. Some critics express worry that allowing more flexibility in what qualifies as a medical expense could dilute protections offered under traditional insurance, potentially leaving some individuals vulnerable if they rely on HSAs without comprehensive health insurance.