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Letter from U.S. Chamber of Commerce to House of Representatives on the Health Care Cost Reduction Act (HR 436)
U.S. Chamber of Commerce
[Opinion] June 6, 2012 "The U.S. Chamber of Commerce ... strongly supports H.R. 436 ... The new requirement that FSA and HSA account holders cannot use tax-preferred funds from these accounts to purchase OTC items unless they obtain a prescription limits access to affordable care, increases costs to the health care system, and places a new administrative burden on medical professionals. ... However, the Chamber is concerned about the FSA cash-out provision of the bill, which would allow employees to take the funds that remain in their accounts at the end of the year." MORE >> |
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