Allow individuals who participate in direct primary care service arrangements to contribute to tax-exempt health savings accounts (HSAs)
Define direct primary care service arrangements to exclude those involving certain procedures and services, or those exceeding specified payment thresholds
Estimated budgetary effects would primarily stem from
An increase in tax-deductible employee contributions for newly eligible HSA participants
An increase in contributions excluded from income and employment taxes made on behalf of employees newly eligible to participate in HSAs
The Congressional Budget Act of 1974, as amended, stipulates that revenue estimates provided by the staff of the Joint Committee on Taxation (JCT) will be the official estimates for all tax legislation considered by Congress. As such, CBO incorporates those estimates into its cost estimates of the effects of legislation. All of the estimates for the provisions of H.R. 3708 were provided by JCT.