EXCLUSIVE: GOP Bill to Expand Tax-Free Health Savings Accounts to All Americans

​​House Rules Committee member Rep. Chip Roy (R-Texas) said during the panel’s four-hour Jan. 30 meeting that ending the federal healthcare worker vaccination mandate is “part of a bigger discussion that we should have regarding deference to the executive [branch] and to the bureaucratic state.” Win McNamee/Getty Images

Rep. Chip Roy (R-Texas) has introduced a bill that would make tax-free Health Savings Accounts (HSAs) available to all Americans.

Currently, most Americans cannot use HSAs due to the stringent rules that govern their use: only those who pay an abnormally high insurance deductible can take advantage of the pre-tax program. In practice, this means that 90 percent of Americans are not eligible for HSAs.