Trump has floated the idea of HSAs and it appears the House Ways and Means is circulating language for a bill to do it.
Using HSA's to fund medical costs for the needy is a FAR better option than the current Medicare/Medicaid programs. It allows for competition and less market manipulation in the healthcare industry.
However, I have to wonder if part of this is to inject more government funds into the stock market to show "pretend" growth.
Currently, with HSAs, you're allowed to invest your funds so they may grow over time. Better than just dollars sitting their eroding in value.
I believe roughly 35% of current HSA funds are invested in the market.
If we replace the $2 trillion spend in Medicaid and Medicare, and that 35% holds, then that's $700 billion that will end pushing up stock market prices.