Opening Plans to Individuals and Offering New Services for Mental Health Act of 2023 or the OPTIONS Act of 2023
This bill allows a high-deductible health plan (HDHP) to provide up to $500 of mental health benefits before the annual deductible is met as part of its plan benefits and still be classified as an HDHP.
Under current law, to be considered health savings account-eligible, an HDHP must have a deductible above a certain minimum threshold amount, which is adjusted annually. For 2024, a health plan's annual deductible must be at least $1,600 for self-only coverage and $3,200 for family coverage to qualify as an HDHP.