US SB3362

HSA annual contribution limits increased to match 401(k) limits (currently $23,000 for 2024), with additional catch-up contributions for individuals age 50 and older matching 401(k) catch-up amounts

Eliminates requirement to have a high-deductible health plan (HDHP) to open and contribute to an HSA, allowing any individual to establish an account

Expands HSA-eligible expenses to include health insurance premiums, direct primary care arrangements, vitamins, dietary supplements, gym memberships, and wearable fitness trackers

Creates "health marketplace pools" allowing any entity to form risk pools and offer group health plans or group health insurance coverage to members, without establishing an employer relationship for other legal purposes

Allows HSA rollovers to children, parents, or grandparents upon account holder's death, and provides HSAs the same bankruptcy protections as retirement accounts