Amends 26 U.S.C. 106 by (1) adding a new subsection (h) that makes section 106 inapplicable to coverage provided with respect to any employee hired on or after the date that is 5 years after enactment, and (2) replacing/amending paragraph (d)(1) to treat employer contributions to health freedom accounts as employer-provided coverage.

Adds new section 106A providing that, for any employee hired on or after the date that is 5 years after enactment, gross income of such employee does not include amounts contributed by the employer to a health freedom account of such employee.

Multiple amendments to 26 U.S.C. §223: replace references to 'health savings account' with 'health freedom account' (and plural forms), add allowable expenses to include direct primary care, health care sharing ministries, and medical cost sharing organizations, revise rollover rule to permit 60-day rollovers to other health freedom accounts, amend contribution limit language (including striking and replacing portions of 223(b)(1)), increase the additional catch-up contribution for age 55+ to $5,000, strike and redesignate specified paragraphs and subsections, remove subsection (c), modify acceptance language for noncash contributions, and update the table of sections to reflect 'freedom' instead of 'savings'.