PlainBillCongress, translated.Legislation. Context. Public interest.Read twice and referred to the Committee on Finance.
Congressional Research Service
Version 00 · Introduced in Senate · Jul 29, 2020
Health Savings Accounts For All Act of 2020
This bill revises provisions relating to health savings accounts (HSAs). Specifically, the bill
repeals the annual limitation on tax-deductible contributions to HSAs by plan participants and their employers;
eliminates the requirement that an HSA participant must be enrolled in a high deductible health plan as a condition of eligibility;
expands qualified medical expenses to include prescription and over-the-counter drugs;
allows payments from HSAs for health insurance premiums;
allows payment of medical expenses incurred prior to the establishment of an HSA and correction of administrative errors prior to the due date of an applicable tax return;
allows a tax-free rollover of amounts in an HSA, upon the death of an account holder, to the account holder's child, parent, or grandparent; and
extends bankruptcy protections to HSAs on the same basis as tax-preferred retirement plans.
People & committees
Sen. Paul, Rand [R-KY] · R–KY
Legislative record
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Read twice and referred to the Committee on Finance.
Introduced in Senate
Primary sources
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Source last updated: Dec 5, 2025. Consult Congress.gov for the current record.
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