Need To Know - Health Savings

Statement

Dear Friend,

The House voted this week to reverse three more provisions of the president's health care law and give Americans greater flexibility when utilizing health savings accounts.

The Obama administration's 2010 health law institutes a new 2.3 percent excise tax on medical device manufacturers. According to workforce reports, 80 percent of medical device manufacturers employ less than 20 workers.

The president's act also restricts tax-free purchases from flexible spending arrangements, health reimbursement arrangements and similar types of health accounts for over-the-counter medicines without a prescription from a physician.

The "Health Care Cost Reduction Act of 2012" overturns these policies and allows Americans with flexible spending plans to cash out up to $500 at the end of the year rather than lose the unspent dollars.

Receiving the care that you need, from the doctors that you choose, at a cost that you can afford is my top health care priority. This is why I have voted 30 times to repeal, defund or dismantle the president's broken health care law. I encourage you to share your priorities by visiting my Facebook, Twitter and YouTube pages.

God bless,

Gregg Harper

Member of Congress

Source