HR 5608 United States House · 118th Congress

Affordable Care and Comprehensive Economic Support through Savings Act

This bill (HR 5608) allows health insurance issuers in the Affordable Care Act marketplaces to contribute directly to enrollees' health savings accounts (HSAs) instead of reducing cost-sharing (like deductibles) for silver-level high-deductible health plans. It affects individuals enrolled in these specific plans who elect this option, requiring insurers to pay into their HSAs monthly (equal to the cost-sharing reduction they would have received) using a medical-only debit card. Insurers must also offer high-deductible plans as alternatives to standard silver plans and provide public education about this option starting in 2025. The changes apply to months beginning after December 2024, with funds treated as advance payments toward tax credits.
Bill status in committee 1 of 4 stages cleared
Introduction
Sep 2023
Committee Review
Floor Vote
President
Introduced Sep 20, 2023 Last action Dec 17, 2024
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Full legislative history

Actions timeline

Total actions
4
Key actions
0
Committee
3
Dec 17, 2024
Committee
Referred to the Subcommittee on Health.
lower
Sep 22, 2023
Committee
Referred to the Subcommittee on Health.
lower
Sep 20, 2023
Committee
Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
lower
Sep 20, 2023
Introduced
Introduced in House
lower
1 primary · 8 co-sponsors

Sponsors