Despite repeated Republican failures to pass a repeal-and-replace version of the Affordable Care Act — or just a repeal — there are some provisions from the House and Senate bills that just won’t die.

Among them are proposed regulations surrounding health savings accounts, which might resurface as independent legislation, according to Chatrane Birbal, senior advisor for government relations at the Society for Human Resource Management. In a report from SHRM, Birbal says that “HSA stand-alone legislation will likely be introduced with additional modifications to the ACA.”

Both the House and Senate efforts at repeal-and-replace sought to boost the use of HSAs, but now that the Senate has failed to garner enough votes to proceed, legislators are turning their attention to bringing back HSA-related provisions in separate legislation that would raise contribution levels for HSA accounts and loosen restrictions on their use.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.