The PCA Expands Health Savings Accounts and
ST. PAUL, Minn. — Citizens’ Council for Health Freedom (CCHF) applauds the Personalized Care Act, the proposed legislation sponsored by U.S. Senators Ted Cruz (R-TX) and Mike Braun (R-IN), and Representatives Chip Roy (R-TX), Andy Biggs (R-AZ) and Mike Johnson (R-LA).
The bill greatly expands and empowers the use of Health Savings Accounts (HSAs) to put patients and their doctors back in control of their medical care and health insurance decisions. If passed, the bill would:
- Expand HSAs to millions of Americans by no longer requiring HSAs to be coupled with a high-deductible health plan.
- Triple the HSA contribution limits from $3,550 to $10,800 for individuals, and $7,100 to $29,500 for families.
- Allow HSAs to pay for health insurance premiums.
- Allow HSAs to pay for Direct Primary Care practices and other direct medical care.
- Allow HSAs to cover over-the-counter medications.
- Allow HSAs to pay for the monthly costs of health sharing ministries.
“The Personalized Care Act (PCA) offers critical improvements to our health care system,” said Twila Brase, president and co-founder of CCHF. “The PCA would liberate Americans from employer-based coverage by allowing them to use pre-tax Health Savings Accounts (HSAs) to purchase their own coverage and pay for their own care. With more tax-free dollars in hand, Americans would have the freedom to make the care and coverage choices that best meet their needs.”
“This bill would make Americans’ health care more accessible, affordable, portable, and personalized. This proposal takes a tremendous step towards restoring a free-market health care system in America, one it desperately needs,” Brase stated.