HSA News for November 10, 2025
HSA news is compiled weekly by Mr. HSA, Roy Ramthun.
News from Washington
Trump Floats Giving Americans Cash for Health Care
As the government funding stalemate continued, President Donald Trump floated directly paying Americans for their health care costs. In more than one post on social media, he said that Republicans should give money directly to people’s Health Savings Accounts, which allow people to save pretax money that can be used for certain medical expenses.
Republicans’ Plan To Redirect Obamacare Subsidies Takes Shape
In a bid to end the federal government shutdown, Republicans are pitching a proposal to send money directly to households rather than extending subsidies under the Affordable Care Act. From comments made by Senators Cassidy (R-LA), Johnson (R-WI) and Scott (R-FL), it appears they’re favoring expansion of an already-existing system of HSAs.
HSA Studies & Analysis
Top 20 HSA Market Concentration – 2025 Midyear Update
Using data from its 2025 Midyear HSA Research Report, Devenir found that HSA market concentration increased 8% from one year ago. This growth was driven primarily by strong equity market performance, which boosted investment asset values, along with continued organic account growth among the largest HSA providers.
Compliance Corner
Up Against Enrollment Deadline, a Childhood Friend Balances Medicare and HSAs
Medicare is confusing, even without the HSA collision. People approaching retirement age often have no idea how to navigate this unsteady, unfamiliar terrain. Add the HSA considerations and the challenge becomes ever more daunting. But there are rules. And some people understand them. You must find those people to help you get things right.
Many, but Not Necessarily All, Drugs Are Applied to the Deductible on HSA Plans
Prescription drugs are applied to the HSA-qualified plan deductible just like other treatments. In most cases, the pharmacy benefit is integrated with the medical plan so that all medical and prescription drug benefits are tied to a single deductible. Insurers do not have the option to cover prescriptions on any other terms unless the drugs are considered “preventive care.”
Industry News
Still Saving Paper Receipts in a Shoebox? Simplify Your Tax-Free HSA Funds With the HSA ExpenseTracker App From HSA Store
HSA Store announced new updates to its HSA ExpenseTracker mobile app which helps HSA owners simplify their health benefits and their finances with the power to manually or automatically track current and past eligible purchases, scan receipts, and generate reports for reimbursement and tax preparation–all in the palm of their hand.
HSAs & Retirement
How Financial Advisors Can Best Help Pre-Retirees
Here are six critical areas where financial advisors can have a great impact on the pre-retirees they serve. For example, make sure that eligible clients are contributing the maximum to their HSA. An HSA is another form of retirement savings in that the money can be used in a tax-efficient way to help offset a client’s medical costs in retirement.
Maximizing Your HSA
New Rules Aim to Broaden Appeal of HSAs
The new rules that kick in next year for Health Savings Accounts may make the plans more attractive, as Americans consider their insurance options for 2026. Changes enacted this summer tweaked the rules for the accounts, aiming to broaden their appeal. Here’s what to know about HSAs for 2026.
3 Financial Moves to Make Before the End of 2025
Unlike 401(k)s, HSAs don't limit you to the end of the year to make contributions. You can even finish funding your 2025 HSA by next year's April 15 tax deadline. But if you're able to finish contributing to your 2025 HSA this year, it could take a lot of the pressure off for next year. That way, you can focus on funding your 2026 account in the new year.