Abigail
Florida
I never realized the value of my FSA benefit until last year when I needed it the most. When I was diagnosed with a malignant tumor in May, I had two surgeries. If I had to pay out-of-pocket for the insurance deductible, I wouldn't have been able to have the surgeries right away and the cancer could have spread. My FSA Plan may have quite literally saved my life.
While Confident Health Care Will Pass This Year, Democrats Still Search for a Plan
1/28/10 - New York Times
Understanding Key Provisions in Federal Health Care Reform
1/18/10 - Business Insurance
Don't Tax Health Benefits, Dental Groups Say
1/13/10 - Dental Tribune
While Confident Health Care Will Pass This Year, Democrats Still Search for a Plan
1/28/10 - New York Times
Democratic leaders in Congress voiced resolute optimism on Thursday that they would adopt major health care legislation this year, and they said that doing so was a crucial element of President Obama’s broader agenda to create jobs, revive the economy and reduce federal budget deficits.
Legislation approved by the Senate and House of Representatives would have limited flexible spending account (FSA) contributions to $2,500 per year. Use this calculator to see how such a limit would affect you.
FSAs don’t address the challenge of rising health care costs.
FACT:
FSAs allow consumers to maintain their treatment regimes for chronic conditions by providing an essential budgeting tool, which aid in the reduction of emergency room visits and hospitalizations. FSAs are part of the solution and should be embraced with health care reform as a way to reduce overall health spending.
