Health Savings Accounts Bill Includes PHIT—Help Us Pass It

September 20, 2023 Update: Since publishing, IHRSA has retired its Quorum account. To participate in active campaigns, visit the IHRSA action center.

Congressman Mike Kelly (R-PA) has introduced the Bipartisan HSA Improvement Act (H.R. 5138). This Health Savings Accounts (HSA) reform bill bundles a number of HSA bills, including and most importantly to us—the PHIT Act! This HSA reform bill is now the best vehicle for getting PHIT included in the omnibus spending bill.

Put simply—PHIT will pass if the omnibus spending bill includes the HSA bill.

Help make sure that the omnibus spending bill includes HSA Reform bill (H.R. 5138). Ask your member of Congress to include H.R. 5138 in the omnibus spending bill. But don’t stop there. Ask your staff, your friends in the industry, even your members to take action.

Why is this such an exciting opportunity to pass PHIT?

• Rep. Kelly is committed to pushing for this HSA bill to be part of the next omnibus spending bill, and as a member of the powerful House Ways and Means Committee, he is well positioned to get the bill included.
• By packaging PHIT into a larger HSA reform package, a broader coalition of business groups are pushing for passage, to include the U.S. Chamber of Commerce, The ERISA Industry Committee, and America’s Health Insurance Plans. That’s a lot of additional lobbying power.
• The substantial bipartisan support for PHIT—110 in the House and 15 in the Senate—is a strength that will help carry the entire bill.

Thank you for all your help in getting us to this point. Don’t stop now. Just keep thinking—PHIT will pass if the omnibus spending bill includes the HSA bill.

If you have comments or questions, please contact Mike Goscinski, IHRSA’s vice president of government affairs.