Political Quotes

On the recordJune 9, 2010
A recent report has shown that enrollment in high-deductible health plans associated with health savings accounts grew by 25 percent in 2009 to a total of 10 million Americans. These plans, which often provide the lowest-priced health insurance, are targeted in the newly enacted health care bill. ObamaCare will increase taxes on HSAs from 10 percent to 20 percent and will prevent over-the-counter drugs from being reimbursed tax free from the health savings accounts. Millions of Americans rely on HSAs to cover deductibles, insurance copays, over-the-counter medications, and a plethora of other medical expenses. Furthermore, HSAs are an excellent tool to cut health care costs, while ObamaCare, itself, provides no such tools. If you truly support health care affordability, I ask you to support my legislation, H.R. 5126, which restores the valuable tool that saves costs.
Said by
John Fleming
Republican · Louisiana
Source
govinfo.gov
Jun 9, 2010

Editor's note · Context

Speaker Fleming discusses the impact of ObamaCare on health savings accounts and advocates for his legislation.

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