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For Immediate Release
March 1, 2017
ABA HSA Council Media Contact: Blair Bernstein
(202) 663-5468

ABA's HSA Council Supports President Trump’s Plan to Expand Health Savings Accounts

By Kevin McKechnie, executive director, ABA’s Health Savings Account Council

“President Trump wants more health care choices at a lower cost – precisely the value proposition HSAs deliver to all Americans.  We support his plan to provide Americans with better access to more affordable health insurance that allows them to save for their future needs and make wiser choices about their health care.

“There are currently 20 million active HSA accounts in the United States and we’re looking forward to working with the Trump administration to make HSAs available to more Americans.” 

The HSA Council is part of the American Bankers Association, and its members represent more than ninety percent of all Health Savings Accounts in the United States and counts as its members banks, insurers, technology providers, and non-bank custodians.

The American Bankers Association is the voice of the nation’s $17 trillion banking industry, which is composed of small, regional and large banks that together employ more than 2 million people, safeguard $13 trillion in deposits and extend more than $9 trillion in loans.