Bill > HR5690

This bill amends the Internal Revenue Code to allow individuals with a Health Savings Account (HSA) to use the account to pay for qualified medical expenses incurred during the 60-day period before the HSA was established, as long as the HSA was established within 60 days of the start of the individual's high-deductible health plan coverage. This change is intended to provide greater flexibility for individuals to use their HSA funds for recent medical expenses, and will apply to coverage beginning after December 31, 2023.