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Summary of Health Savings Account Legislation, by House Ways & Means Committee (PDF)
Published online by the ERISA Industry Committee
June 27, 2003
1 page. Excerpt: HSA funds can be spent on prescription drug costs, retiree health insurance (after age 65, including Part B premiums), long term care services and insurance, COBRA coverage, and the costs of medical services. Those not receiving employer-provided coverage can use their HSA funds to buy insurance.... Eligible accountholders and employers can make pre-tax contributions to an HSA.
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