Parents with health savings accounts get $2,000 per child born or adopted.

What it does

The bill lets parents add $2,000 per year to a Health Savings Account. This applies for each child born or adopted that year. Married couples can split the $2,000 between them. The money counts once per child and only for kids under 18. After 2027, the $2,000 amount will go up with inflation.

Who it affects

Parents who have health savings accounts can save more money for children's medical costs. The benefit only helps families who already have these special plans. Families without health insurance or on Medicaid do not get this benefit.

One thing to notice

The $2,000 amount does not adjust for inflation until 2028. Its value shrinks for families with children born in 2027.

From the analysis of the bill text, linked under Primary records below.

Where it stands

• Oct 13, 2026 — Introduced · Congress.gov: “Introduced in House”
• Oct 13, 2026 — Referred to House Committee on Ways and Means · Congress.gov: “Referred to the House Committee on Ways and Means”

Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.

Words to know

• Health Savings Account — A savings account that lets people set aside money for medical costs tax-free.
• inflation — A rise in prices over time that makes money worth less.