Senators Propose to Increase Home Care Access for Seniors

U.S. Senators Cory Gardner (R-CO) and Kyrsten Sinema (D-AZ) have introduced the Homecare for Seniors Act, which will allow individuals over 65 the ability to use savings from their tax-free health savings accounts (HSAs) for qualified homecare expenses that assist seniors with everyday tasks of daily living. This bill is companion legislation to H.R. 2878,…

Bill to Allow Health Savings Accounts to Pay for Home Care Introduced in Congress

Legislation has been introduced in the House of Representatives to improve access to home care services. The bipartisan bill (H.R. 2878), introduced by Representatives Katie Porter (D-CA), Adrian Smith (R-NE), John Larson (D-CT), and Jackie Walorski (R-IN), would allow disbursements of health savings account (HSA) funds to be eligible for qualified home care services. Specifically,…

House Bill Allows Using Health Savings Accounts for Home Care

A bill recently introduced in the House of Representatives would permit patients to use their health savings accounts (HSA) to pay for home care services. The Homecare for Seniors Act (H.R. 6813), introduced by Rep. Sam Johnson (R-TX-3) and Rep. John Larson (D-CT-1) on September 13, 2018, amends the Internal Revenue Code so patients can…