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Statement

ABA Health Savings Account Council Applauds White House Revision of HSA Regulations

"We applaud the administration’s efforts to make life-saving medicines more affordable to chronically ill Americans by allowing Health Savings Account-qualified plans to cover them pre-deductible. By expanding that coverage option, this guidance will help lower out-of-pocket costs for the millions of Americans managing a chronic illness. We welcome this critically important revision of HSA regulations."

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About the American Bankers Association

The American Bankers Association is the voice of the nation’s $18 trillion banking industry, which is composed of small, regional and large banks. Together, America’s banks employ more than 2 million men and women, safeguard $14 trillion in deposits and extend more than $10 trillion in loans.

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Blair Bernstein

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