Bill > HR5546

This bill, the Native American Health Savings Improvement Act, amends the Internal Revenue Code to allow individuals eligible for assistance from the Indian Health Service (a federal agency that provides healthcare to Native Americans) to qualify for Health Savings Accounts (HSAs). Normally, individuals covered by certain government health plans would not be eligible for HSAs, but this bill creates a special exception for those receiving care through the Indian Health Service. The amendment will apply to tax years beginning after December 31, 2023, making it easier for eligible Native Americans to save for and pay for their healthcare expenses using tax-advantaged HSA accounts.