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Lower Health Insurance Deductibles Act

3/2/2022, 4:13 PM

Congressional Summary of S 3439

Lower Health Insurance Deductibles Act

This bill modifies eligibility requirements of Health Savings Accounts (HSAs) to allow a high deductible health plan to divide the amount of its deductible between medical and drug costs.

Current Status of Bill S 3439

Bill S 3439 is currently in the status of Bill Introduced since March 11, 2020. Bill S 3439 was introduced during Congress 116 and was introduced to the Senate on March 11, 2020.  Bill S 3439's most recent activity was Read twice and referred to the Committee on Finance. as of March 11, 2020

Bipartisan Support of Bill S 3439

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
1
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 3439

Primary Policy Focus

Taxation

Alternate Title(s) of Bill S 3439

Lower Health Insurance Deductibles Act
Lower Health Insurance Deductibles Act
A bill to amend the Internal Revenue Code of 1986 to permit high deductible health plans to divide the deductible between medical and drug costs for purposes of qualifying for health savings accounts, and for other purposes.

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