S3362-119

In Committee

Health Marketplace and Savings Accounts for All Act

119th Congress Introduced Dec 4, 2025

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill broadly expands health savings account tax preferences and uses, treats HSAs more like flexible savings vehicles, and allows qualifying health marketplace pools to be treated as employers offering group health coverage.

Who Benefits and How

Individuals with or seeking HSAs could contribute more, qualify without high-deductible-plan restrictions, use funds for more health and wellness expenses, pass balances more flexibly within families, protect accounts in bankruptcy, and potentially access pooled group coverage.

Who Bears the Burden and How

Federal revenues would likely fall, and employers, insurers, and pool sponsors would need to adjust payroll, plan, and compliance structures to the expanded HSA and pooling rules.

Key Provisions

  • Raises HSA contribution limits and removes prior eligible-individual and high-deductible-plan restrictions for deductions.
  • Expands qualified HSA uses to include more insurance, direct primary care, certain adult children, pre-establishment expenses, wellness items, and corrected contribution errors.
  • Lets HSA balances transfer more flexibly to certain family members and shields HSA assets in bankruptcy like IRAs.
  • Treats qualifying health marketplace pools as employers for group-coverage purposes and makes related ERISA conforming amendments.

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers.

At a Glance

What This Bill Does

This bill broadly expands health savings account tax preferences and uses, treats HSAs more like flexible savings vehicles, and allows qualifying health marketplace pools to be treated as employers offering group health coverage.

Key Policy Areas

Healthcare, Tax Policy, Government Administration

Primary Purpose

This bill broadly expands health savings account tax preferences and uses, treats HSAs more like flexible savings vehicles, and allows qualifying health marketplace pools to be treated as employers offering group health coverage.

Policy Domains

Healthcare Tax Policy Government Administration

Main Provisions

Identified Gains
Contextual inference, no direct clause citation
  • Individuals, families, and pool sponsors benefiting from broader HSA and group-coverage flexibility
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is

Contextual inference, no direct clause citation

Identified Costs
Contextual inference, no direct clause citation
  • Federal revenue collections and entities that must adapt payroll, plan, and marketplace operations to the expanded HSA and pooling rules
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is

Contextual inference, no direct clause citation

Legislative Progress

In Committee
Introduced Committee Passed
Dec 4, 2025

Mr. Paul introduced the following bill; which was read twice …

Dec 4, 2025

Read twice and referred to the Committee on Finance.

Dec 4, 2025

Dec 4, 2025

Introduced in Senate

Stakeholder Effects

cui bono?

How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.

Taxpayers
7 mentions across 7 clauses
+7 positive

Families inheriting HSA balances who can preserve more favorable tax treatment, HSA account holders in bankruptcy whose balances gain stronger protection from creditors, HSA contributors and older account holders who can make larger tax-favored contributions

Government
4 mentions across 4 clauses
-4 negative

Federal revenues reduced by allowing more HSA-funded medical and insurance expenses, Federal revenues reduced by the broader definition of qualified HSA expenses, Federal revenues reduced by the expanded HSA deduction eligibility

Financial Services
3 mentions across 3 clauses
+3 positive

Health marketplace pool members and sponsors that avoid fiduciary exposure based solely on pool membership, Health marketplace pools and insurers able to sponsor pooled group health coverage under ERISA

11/14
sections analyzed
Full impact breakdown

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Healthcare Tax Policy Government Administration

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology