Clarifying HSA Funds Use for Long-Term Care Services
This bill clarifies that funds from Health Savings Accounts (HSAs) can be used for long-term care services. This means citizens now have clearer rules for financing long-term care, which can help in planning future healthcare expenses and reduce uncertainty about the eligibility of these costs.
Key points
Allows the use of HSA funds to cover qualified long-term care services.
The change applies to amounts paid after the enactment date, providing clarity for future expenses.
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