The Insurance Accountability and Transparency Act (IATA)

[DRSE (eagans)]

Increase contribution and investment amount for HSAs

Amend the HSA rules (which are included below under Current HSA information) List item Provide increased options for deductibles with insurance plans that qualify. Offer insurance plans that are emergency care and catastrophic or chronic condition care only. List item Allow for contributions that are equivalent to insurance premiums or the cost of medical care and wellness care. The current amount does not meet any of these criteria. List item Allow HSA’s without a connected insurance…