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house Bill H.R. 408

American Future Healthcare Act of 2017

Bill Details

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Title

American Future Healthcare Act of 2017

Official Title

To amend the Internal Revenue Code of 1986 to expand health savings accounts, and for other purposes.

Summary

American Future Healthcare Act of 2017 This bill amends the Internal Revenue Code, with respect to health savings accounts (HSAs), to: repeal the requirement that an individual making a tax deductible contribution to an HSA be covered by a high deductible health care plan; increase the maximum HSA contribution level; allow Medicare eligible individuals to contribute to an HSA; allow HSAs to be used to purchase health insurance; provide a cost-of-living adjustment for the limits on additional contributions for individuals 55 or older (catch-up contributions); require the cost-of-living adjustments to be indexed to the CPI medical care component (the medical care component for the Consumer Price Index for All Urban Consumers published by the Department of Labor); and allow a rollover of HSA amounts to a Medicare Advantage Medical Savings Account (MSA).

bill Progress


  • Not enacted
    The President has not signed this bill
  • The senate has not voted
  • The house has not voted
      house Committees
      Committee on Ways and Means
    IntroducedJanuary 10th, 2017
    Health Savings Accounts are okay for the people who can afford to save money, but until we lower insurance rates and medical costs, only the super wealthy will be able to save enough, even with some of perks in this bill.
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    Congress is acting with violent intent against American interests by continuing to cut benefits we pay for, access to affordable healthcare and an obsession with savings accounts that is vastly out of touch with most American's income. Raise wages, and bring our healthcare system in line with the rest of the industrial world.
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    This clearly is not about American futures. It's about money in pockets right now.
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    This is an obscenity. It will shave YEARS off your life and the lives of people you love.
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