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Obamacare Flexible Spending Account (FSA) Cap -- aka "Special Needs Kids Tax"

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Starting in January of 2013, the "Special Needs Kids Tax" imposes a cap on FSAs of $2,500. Currently uncapped, FSAs are essentially income tax free. There is one group in particular which is hit especially hard by this new tax: parents of special needs children. According to Americans for Tax Reform, there are thousands of families with special needs children in the United States and many of them use FSAs to pay for special needs education. To demonstrate the impact of this new tax, let's look at the tuition rates at one leading special needs school in Washington, D.C. Tuition rates at the National Child Research Center can easily exceed $14,000 per year. Present tax rules allow FSA dollars to pay for this type of special needs education. But, with the cap in ObamaCare, parents are going to have to pay more out-of-pocket. Bill: PPACA (ObamaCare); Page: 2,388-2,389

Our federal health care laws desperately need reform. As a nation, we need to have an open and thoughtful debate about the details of this reform. I believe the few good ideas included in ObamaCare should be kept in new reform bills -- bills that are not 2,400 pages long, and bills that the American people have been given an opportunity to read and provide input on before Congress votes on them. It is imperative that we repeal ObamaCare and replace the crippling costs and mandates it imposes on the American people with patient-centered, patient-controlled reforms that would make access easier and costs lower.


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