TELEHEALTH HSA Act of 2020

Bill: 116-s-4039
Sponsor: full_name: Sen. Loeffler, Kelly [R-GA]
Introduced: 2020-06-23
Policy area: Taxation
Subjects: Health care costs and insurance

Health technology, devices, supplies

Income tax deductions

Internet and video services

Internet, web applications, social media
Latest action: action_date: 2020-06-23
text: Read twice and referred to the Committee on Finance.

Summaries:
action_date: 2020-06-23
action_desc: Introduced in Senate
text: <p><b>Telemedicine Everywhere Lifting Everyone's Healthcare Experience And Long Term Health HSA Act of 2020 or the TELEHEALTH HSA Act of 2020</b></p> <p>This bill makes permanent the preferred treatment of telehealth and other remote care services for purposes of health savings accounts. </p>

tv_txt: II 116th CONGRESS 2d Session S. 4039 IN THE SENATE OF THE UNITED STATES June 23, 2020 Mrs. Loeffler introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To amend the Internal Revenue Code of 1986 to make permanent the permissible first-dollar coverage of telehealth services for purposes of health savings accounts.

1. Short title This Act may be cited as the Telemedicine Everywhere Lifting Everyone’s Healthcare Experience And Long Term Health HSA Act of 2020 or the TELEHEALTH HSA Act of 2020 . 2. Permanent exemption for telehealth services (a) In general Subparagraph (E) of section 223(c)(2) of the Internal Revenue Code of 1986 is amended by striking In the case of plan years beginning on or before December 31, 2021, a plan and inserting A plan . (b) Conforming amendment Clause (ii) of section 223(c)(1)(B) of the Internal Revenue Code of 1986 is amended by striking (in the case of plan years beginning on or before December 31, 2021) . (c) Effective date The amendments made by this section shall apply to plan years beginning after December 31, 2021.