Eric Cantor: “In the historic Medicare prescription drug bill, Congress created health savings accounts to give individuals greater…”

“In the historic Medicare prescription drug bill, Congress created health savings accounts to give individuals greater choice over their health care decisions, radically expand access to health care, and drive down rising costs. According to the National Association of Health Underwriters, one of the most important ways to address the rising cost is through encouraging purchasers of health insurance to become better consumers. HSAs will do that. HSAs are providing real savings. A family of four in my district used to pay $532 a month for health care and now pays only $245 a month after establishing a HSA plan. HSAs will give Americans more choices, better access to health care, and empower them to save money.”