To amend the Internal Revenue Code of 1986 to allow first-dollar coverage of mental health services for purposes of health savings accounts.
Opening Plans to Individuals and Offering New Services for Mental Health Act of 2023 or the OPTIONS Act of 2023
This bill allows a high-deductible health plan (HDHP) to provide up to $500 of mental health benefits before the annual deductible is met as part of its plan benefits and still be classified as an HDHP.
Under current law, to be considered health savings account-eligible, an HDHP must have a deductible above a certain minimum threshold amount, which is adjusted annually. For 2024, a health plan's annual deductible must be at least $1,600 for self-only coverage and $3,200 for family coverage to qualify as an HDHP.
Placed on the Union Calendar, Calendar No. 317.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
Referred to the Subcommittee on Health.
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