U.S. Reps. Greg Steube (R-FL) and Kat Cammack (R-FL) introduced legislation in the U.S. House of Representatives on Feb. 10 that seeks to expand access to Health Savings Accounts (HSAs).
The Affordable Care and Comprehensive Economic Support through Savings (ACCESS) Act, H.R. 1157, would give individuals the option to receive direct contributions to an HSA instead of relying on reduced cost-sharing under government-run health insurance exchanges through the Affordable Care Act.
“The ACCESS Act is a straightforward solution to lower health care costs and expand access for the millions of lower-income families struggling under rising inflation and medical expenses,” Steube said. “This bill puts patients in control by offering a personal health care option that increases access to affordable treatments, trusted doctors, and essential therapies through tax-free, directly funded health savings accounts. At the same time, it streamlines existing health subsidies, saving taxpayers tens of billions of dollars.”
Cammack added that access to affordable care has diminished over the past decade as the price of medical care has gone up and provider networks have shrunk.
“But with money in an HSA, you can obtain the personalized services you need, and see the doctors you trust, even if they’re not covered by your health insurance plan,” Cammack said. “For working families in my district and across the country this option is a lifesaver and will give many the flexibility to afford visits and procedures they may not be able to otherwise.”
“I am proud to introduce the ACCESS Act today for many reasons, but mostly because it provides more access and more freedom for families whose health care needs aren’t being met by government-controlled health care programs,” the congresswoman said.