[Congressional Record Volume 156, Number 86 (Wednesday, June 9, 2010)]
[House]
[Page H4251]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
HIGH-DEDUCTIBLE HEALTH PLANS
(Mr. FLEMING asked and was given permission to address the House for
1 minute.)
Mr. FLEMING. Mr. Speaker, 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.
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