February 25, 2026
Mr. Bean of Florida (for himself, Mr. Barrett, and Mr. Haridopolos) introduced the following bill; which was referred to the Committee on Ways and Means
To amend the Internal Revenue Code of 1986 to expand eligibility for health savings accounts, and for other purposes.
Section 1. Short title
This Act may be cited as the HSA’s For All Act
.
Sec. 2. Expansion of eligibility for health savings accounts
(a) In general
Section 223(c)(1) of the Internal Revenue Code of 1986 is amended to read as follows:
(1) Eligible individual
The term eligible individual means, with respect to any month, any individual if such individual is covered under a covered health plan as of the 1st day of such month.
(b) Covered health plan
Section 223(c)(2) of such Code is amended to read as follows:
(2) Covered health plan
The term covered health plan means—
(A)
any qualified health plan (as defined in section 1301(a) of the Patient Protection and Affordable Care Act) offered through an Exchange established under such Act, or
(B)
any group health plan (as defined in section 2791 of the Public Health Service Act).
(c) Conforming amendments
(1)
Section 26(b)(2)(S) of such Code is amended by striking high deductible health plan
and inserting covered health plan
.
(2)
Section 223 of such Code, as amended by the preceding provisions of this Act, is amended by striking high deductible health plan
each place it appears and inserting covered health plan
in each such place.
(3)
Section 223(b)(8)(B) of such Code is amended by striking high deductible health plan
in the heading and inserting covered health plan
.
(4)
Section 223(c) of such Code, as amended by the preceding provisions of this Act, is amended—
(A)
by striking paragraph (3), and
(B)
by redesignating paragraphs (4) and (5) as paragraphs (3) and (4), respectively.
(5)
Section 223(g)(1) of such Code is amended—
(A)
in the matter preceding subparagraph (A), by striking subsections (b)(2), (c)(2)(A), and in the case of taxable years beginning after 2026, (c)(1)(E)(ii)(II)
and inserting subsection (b)(2)
,
(B)
in subparagraph (B), by striking for
and all that follows through calendar year 2016
and inserting calendar year 2025
.
, andcalendar year 1997
for calendar year 2016
in subparagraph (A)(ii) thereof.
(C)
in the flush sentence at the end, by striking subsections (b)(2), (c)(1)(E)(ii)(II), and (c)(2)(A)
and inserting subsection (b)(2)
.
(6)
Section 408(d)(9) of such Code is amended—
(A)
by striking high deductible health plan
each place it appears and inserting covered health plan
in each such place, and
(B)
in subparagraph (D), by striking high deductible health plan
in the heading and inserting covered health plan
.
(d) Effective date
The amendments made by this section shall apply to taxable years beginning after December 31, 2026.