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605 and S 312 address
two key savings programs important to consumers. Flexible Spending Arrangements
(FSAs) and Health Savings Accounts (HSAs) allow employees to be reimbursed for
medical expenses, and help pay for complementary and alternative medical (CAM)
treatments not covered by conventional health insurance.
FSAs are usually funded through voluntary salary reduction
agreements with one’s employer. Currently, there is no cap on contributions
made to FSAs. The healthcare reform act capped contributions to FSAs at $2500.
Both HSAs and FSAs currently allow one to purchase OTC non-prescription drugs,
though under the healthcare reform act, FSA and HSA funds can only be used for
for a medicine or drug if it is prescribed or is insulin. This new bill repeals
The healthcare reform act outlaws insurance companies
offering plans with high deductibles. Low-deductible plans are much more
expensive, and most of them do not cover any CAM-related treatments. HSAs
bridge that gap—but they only make economic sense for most people if we have
high-deductible policies that don’t cost us so much money. So we’re asking for
an amendment that would allow insurance companies to continue to offer
high-deductible policies to individuals who own an HSA.
Also, even prior to healthcare reform, one could not use
FSAs or HSA to pay for vitamins and supplements. ANH-USA believes the bill
should also contain explicit language to include supplements as part of
allowable medical expenses for both FSAs and HSAs, and we’re also asking
Congress to offer an amendment to the bill to do that.
HR 605 and S 312, the Patients' Freedom to Choose Act
Dear [Decision Maker],
Sincerely,[Your Name] [Your Address] [City, State ZIP]