As seniors struggle with healthcare costs, a recent bipartisan bill introduced by Reps. Ami Bera (D-Calif.) and Jason Smith (R-Mo.) would allow greater flexibility by giving them the option to purchase a health savings account, wrote Kevin McKechnie, executive director of ABA’s HSA Council, in an op-ed in The Hill today.
Browsing: Health savings accounts
The American Bankers Association’s Health Savings Account Council today applauded the introduction of H.R. 3796, the Health Savings for Seniors Act, a bipartisan bill that would help ease the burden of rising out-of-pocket expenses for seniors on Medicare.
Following an executive order by President Trump, the Treasury Department and IRS today issued guidance expanding the preventative care benefits that may be provided by high-deductible health plans linked to Health Savings Accounts for a range of chronic conditions.
In a comment letter to the FDIC today, ABA advocated for updates to the agency’s…
Like it or not, medical banking is here and growing where other features of banking are simply stagnant.
Along with nearly 600 stakeholder organizations, the ABA HSA Council signed onto a letter urging the House to support a bipartisan bill to repeal the so-called “Cadillac tax” — a 40 percent tax on employer-provided health care coverage.
The National Council of Insurance Legislators recently met in Oklahoma City and approved a unanimous bipartisan resolution supportive of policies that preserve health savings account access.
Congress should expand consumers’ abilities to benefit from health savings accounts, according to a report issued today by the Departments of Health and Human Services, Labor and the Treasury.
Illinois Gov. Bruce Rauner last month signed a bill that would fix a state law inadvertently preventing hundreds of thousands of Illinoisans with high-deductible health plans from contributing to their health savings accounts.