HSAs for All Endorses “Expanding HSAs Act”

Yesterday we sent a letter to House Speaker Paul Ryan strongly endorsing H.R.6311, the Expanding HSAs Act of 2018, a bill that would significantly expand HSA eligibility and contribution limits, making it a solid step toward the goal of HSAs-for-all.

We expect this bill to be voted on in the House during the week of July 23.

Here is the full text of the letter.

July 20, 2018

The Honorable Paul Ryan
Speaker of the House
U.S. House of Representatives
Washington, D.C. 20515

Dear Mr. Speaker:

On behalf of America’s rapidly expanding HSA community—25 million and growing—​we are pleased to endorse the excellent Health Savings Account improvement legislation scheduled for House consideration.

We strongly commend you and your colleagues for your continuing efforts to expand and strengthen HSAs, a proven model shown to reduce health care costs and promote patient sovereignty.

We believe all Americans should be free to choose their own doctors and therapies, and pay for their own health care, without arbitrary limits. We work every day to promote HSAs-for-all, a simple but powerful reform that offers an escape route from the dead-end of health insurance bureaucracy, public and private.

We wholeheartedly endorse H.R.6311​, the Increasing Access to Lower Premiums and Expanding Health Savings Accounts Act of 2018. This important legislation would expand HSA eligibility and contribution limits, making it a solid step toward the goal of HSAs-for-all. /1​

We also support House passage of H.R.6199​, the Restoring Access to Medication and Modernizing Health Savings Accounts Act of 2018, which includes a number of provisions to update the successful HSA model. /2​

Thank you for your leadership for America’s health care consumers.

HSAs for All

1/ ​In particular, we support sections 3 and 4 of H.R.6311, as reflected in ​Rules Committee print 115-83​, which, respectively, would expand expand HSA eligibility to working seniors (sec. 3, containing text of H.R.6309) and effectively double HSA contribution limits (sec. 4, containing text of H.R.6306).

2/​ ​In particular, we support sections 3 and 6 of H.R.6199, as reflected in​ ​Rules Committee print 115-82​, which, respectively, would expand HSA uses to include direct primary care (sec. 3, containing text of H.R.6317) and strengthen HSAs and FSAs in the workplace (sec. 6, containing text of H.R.6305). We support reasonable refinements to section 3 to ensure consumers’ right to purchase DPC without arbitrary limits.

view pdf copy of the original letter

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