Excited to announce that I'm cosponsoring the "Personalized Care Act" (H.R. 725) introduced by @RepChipRoy
"The Personalized Care Act works to allow individuals to control their healthcare by cutting down on bureaucracy and giving families more choices through more freedom."
"The Personalized Care Act works to allow individuals to control their healthcare by cutting down on bureaucracy and giving families more choices through more freedom."
2. The "Personalized Care Act" expands what Healthcare Savings Accounts (HSAs) can pay for:
Including individuals who are part of a short-term duration plan, medical indemnity plan, or a group health plan.
Including individuals who are part of a short-term duration plan, medical indemnity plan, or a group health plan.
3. Government plans, including Medicare parts A & B or the Children’s Health Insurance Program (CHIP)
Quadrupling the amount people can contribute to an HSA.
Allows health insurance premiums, periodic fees for medical care and provider services to be paid for using an HSA.
Quadrupling the amount people can contribute to an HSA.
Allows health insurance premiums, periodic fees for medical care and provider services to be paid for using an HSA.
4. Allows over the counter medicines or drugs to be paid for.
Lowers the penalties from non-qualified distributions from 20 percent to 10 percent.
Lowers the penalties from non-qualified distributions from 20 percent to 10 percent.
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