WASHINGTON, DC – In a March 22 letter to Internal Revenue Service (IRS) officials, the American Benefits Council requested relief from a newly reduced health savings account (HSA) limit that imposes significant administrative burdens on employers, employees and other taxpayers.
Frustrated by paying for the volume of health services delivered rather than the value received, and by the uncoordinated and fragmented care their workers receive, employers are taking meaningful action to transform the health care system. This is the message of Leading the Way: Employer Innovations in Health Coverage, a new report from the American Benefits Council and Mercer.
A March 6 letter to congressional leaders, signed by the Council and seven other insurer, employer and provider groups, calls for the inclusion of individual market stabilization language in the forthcoming omnibus bill.
WASHINGTON, DC – "The newly reduced limit for health savings account (HSA) contributions was an unwelcome surprise to the employers who offer and administer these health plans," American Benefits Council Senior Counsel, Health Policy, Kathryn Wilber, said today.
The Council writes in strong support of the Bipartisan HSA Improvement Act, which will make health savings accounts (HSAs) even more useful and effective for employers who wish to extend meaningful, affordable health coverage to their workforce.