Homecare for Seniors Act

12/21/2024, 9:06 AM

Homecare for Seniors Act

This bill allows tax-exempt distributions from health savings accounts (HSAs) to be used for qualified home care.

Qualified home care means a contract to provide three or more of the following services in the residence of the service recipient:

  • assistance with eating,
  • assistance with toileting,
  • assistance with transferring,
  • assistance with bathing,
  • assistance with dressing,
  • assistance with continence, and
  • medication adherence.

The Department of Health and Human Services must carry out a campaign to increase public awareness of the in-home service expenses that are eligible for tax-free distribution from HSAs.

The Homecare for Seniors Act, also known as Bill 118 hr 1795, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to improve access to homecare services for seniors in the United States.

The bill proposes several key provisions, including increasing funding for homecare programs, expanding eligibility criteria for seniors to receive homecare services, and implementing quality standards for homecare providers. Additionally, the bill aims to address workforce shortages in the homecare industry by providing training and support for homecare workers.

Supporters of the Homecare for Seniors Act argue that it will help seniors age in place and maintain their independence, while also reducing the burden on the healthcare system by preventing unnecessary hospitalizations and nursing home placements. Critics, however, raise concerns about the cost of implementing the bill and the potential for fraud and abuse in the homecare industry. Overall, the Homecare for Seniors Act represents an important effort to improve the quality of life for seniors in the United States and ensure they receive the care and support they need to remain in their homes. It will be interesting to see how this legislation progresses through Congress and what impact it may have on the homecare industry and senior care in the US.
Congress
118

Number
HR - 1795

Introduced on
2023-03-24

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

3/24/2023

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Homecare for Seniors Act

This bill allows tax-exempt distributions from health savings accounts (HSAs) to be used for qualified home care.

Qualified home care means a contract to provide three or more of the following services in the residence of the service recipient:

  • assistance with eating,
  • assistance with toileting,
  • assistance with transferring,
  • assistance with bathing,
  • assistance with dressing,
  • assistance with continence, and
  • medication adherence.

The Department of Health and Human Services must carry out a campaign to increase public awareness of the in-home service expenses that are eligible for tax-free distribution from HSAs.

The Homecare for Seniors Act, also known as Bill 118 hr 1795, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to improve access to homecare services for seniors in the United States.

The bill proposes several key provisions, including increasing funding for homecare programs, expanding eligibility criteria for seniors to receive homecare services, and implementing quality standards for homecare providers. Additionally, the bill aims to address workforce shortages in the homecare industry by providing training and support for homecare workers.

Supporters of the Homecare for Seniors Act argue that it will help seniors age in place and maintain their independence, while also reducing the burden on the healthcare system by preventing unnecessary hospitalizations and nursing home placements. Critics, however, raise concerns about the cost of implementing the bill and the potential for fraud and abuse in the homecare industry. Overall, the Homecare for Seniors Act represents an important effort to improve the quality of life for seniors in the United States and ensure they receive the care and support they need to remain in their homes. It will be interesting to see how this legislation progresses through Congress and what impact it may have on the homecare industry and senior care in the US.
Alternative Names
Official Title as IntroducedTo amend the Internal Revenue Code of 1986 to allow qualified distributions from health savings accounts for certain home care expenses.

Policy Areas
Taxation

Comments

Recent Activity

Latest Summary5/10/2023

Homecare for Seniors Act

This bill allows tax-exempt distributions from health savings accounts (HSAs) to be used for qualified home care.

Qualified home care means a contract to provide three or more of the followin...


Latest Action12/17/2024
Referred to the Subcommittee on Health.