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New Health Freedom Accounts: More Flexible Healthcare Funding

This act introduces "Health Freedom Accounts" to replace existing "Health Savings Accounts." The changes aim to simplify access to healthcare funds, increase contribution limits, and broaden the types of expenses that can be covered, giving citizens more flexibility in managing their healthcare finances.
Key points
All individuals can contribute to Health Freedom Accounts, without needing a specific insurance plan.
The annual contribution limit increases to $12,000 ($24,000 for joint filers).
Funds from the account can be used for a wider range of services, including direct primary care and medical cost-sharing programs.
Employers can contribute tax-free to employees' Health Freedom Accounts, potentially lowering healthcare costs for workers.
Individuals aged 55 and older can contribute an additional $5,000 annually to their accounts.
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Additional Information
Print number: 117_HR_9160
Sponsor: Rep. Roy, Chip [R-TX-21]
Process start date: 2022-10-07
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Healthcare Freedom Act of 2022

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_9160.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-10-07.

What are the main provisions?

Key points include:

  • All individuals can contribute to Health Freedom Accounts, without needing a specific insurance plan.
  • The annual contribution limit increases to $12,000 ($24,000 for joint filers).
  • Funds from the account can be used for a wider range of services, including direct primary care and medical cost-sharing programs.
  • Employers can contribute tax-free to employees' Health Freedom Accounts, potentially lowering healthcare costs for workers.
  • Individuals aged 55 and older can contribute an additional $5,000 annually to their accounts.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Roy, Chip [R-TX-21].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

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Health Taxes