STATEMENTS ON INTRODUCED BILLS AND JOINT RESOLUTIONS--APRIL 5, 2006
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Mr. DEWINE. Mr. President, I am cosponsoring a bill today, along with Senator ENSIGN and Senator FRIST, to add another option for individuals and families to purchase affordable health insurance.
The law currently allows individuals and families to set aside tax-free savings for lifetime healthcare needs in Health Savings Accounts that are combined with a high deductible health insurance plan. This has already made health care more affordable. This important legislation expands on the foundation of Health Savings Accounts by allowing individuals and families to use their Health Savings Accounts to pay the premiums of their health insurance plans.
This is the right thing to do, individuals and families need affordable health insurance options. I urge my colleagues to join Senator ENSIGN, Senator FRIST and me in supporting this legislation.