Employers Express Strong Support for Bipartisan HSA Improvements

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Washington –The National Coalition on Benefits issued the following statement from coalition spokesperson Neil Trautwein in advance of tomorrow’s House Ways and Means Health Subcommittee hearing on “Lowering Costs and Expanding Access to Health Care through Consumer-Directed Health Plans.”

“The National Coalition on Benefits (NCB) applauds Chairman Peter Roskam and the Health Subcommittee members for their focus on consumer-directed health plans. Health Savings Accounts (HSAs) cover more than 20 million Americans today. The laws governing these accounts are badly out of date and have not been updated since 2003.

We urge the subcommittee to adopt bipartisan HSA reforms, such as those included in H.R. 5138, the Bipartisan HSA Improvement Act. We strongly support advancing these important HSA reforms into law this year.”

Employer-sponsored plans cover more than 178 million Americans and their families. Employers want to be able to offer the best consumer?directed options possible, but the NCB believes the rules surrounding HSAs and the consumer directed plans, with which they must be paired, need to be updated to match the needs of today’s modern workforce.

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The National Coalition on Benefits (NCB) is dedicated to preserving the benefits of the more than 178 million Americans who receive health insurance through employers. The Coalition is comprised of major employer trade associations, representing large and small employers. NCB also includes many large employers with employees in all 50 states.

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Employers Express Strong Support for Bipartisan HSA Improvements