[Congressional Record Volume 150, Number 34 (Wednesday, March 17, 2004)]
[House]
[Page H1121]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
HEALTH SAVINGS ACCOUNTS
(Mr. CANTOR asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. CANTOR. Mr. Speaker, 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.
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