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…

Medicare Trust Fund Will be Depleted in 2026

The Medicare trust fund will be depleted in 2026, according too a Medicare Trustees report released Tuesday. That warning is grimmer that last year’s report, which indicated the trust fund would be empty in 2029. The Board of Trustees attributed the worsened outlook to a variety of causes, such as the repeal of the individual…