Jump to Content
Issue

Streamlining Health Savings Account Delivery

Expansion of Account-Based Health Care Solutions

ABA Position

The ABA's Health Savings Account (HSA) Council supports expansion of account-based health care solutions for all Americans. In particular, the HSA Council is working to streamline the delivery of HSAs under current law by supporting technical corrections to the existing HSA statute.

Congress expanded in 2006 the amount of money individuals can contribute to their HSAs and made it possible to fund HSAs with balances in other health-related accounts, like Flexible Spending Accounts and Health Re-imbursement Arrangements.

However, the ability to administer HSAs and to provide seamless transfer of FSA or HRA balances to a HSA requires further legislation. In addition, the HSA Council supports creating account-based options in all current medical entitlement programs, like Medicare/Medicaid and SCHIP.

Congress expanded in 2006 the amount of money individuals can contribute to their HSAs and made it possible to fund HSAs with balances in other health-related accounts, like Flexible Spending Accounts and Health Re-imbursement Arrangements.

However, the ability to administer HSAs and to provide seamless transfer of FSA or HRA balances to a HSA requires further legislation. In addition, the HSA Council supports creating account-based options in all current medical entitlement programs, like Medicare/Medicaid and SCHIP.

Show MoreLess

Related Training & Events

play icon

11:22

Video

Maximizing Health Savings Accounts: Legislative Priorities and Tools for Consumers

Roy Ramthun of HSA Consulting Services, Ben Morris of UMB Healthcare Services, and Kevin McKechnie of the American Bankers Association Health Savings Account Council discuss challenges facing both providers and consumers, where they foresee the industry moving in the future, and recent legislation and government guidance related to health savings accounts.

Our Experts

Kevin McKechnie portrait

Kevin A. McKechnie

Executive Director, HSA Council/SVP

HSA

Contact Kevin

Lisa Gold Schier

Managing SVP, Endorsed Solutions Innovation

Contact Lisa

Press Contact

Blair Bernstein

(202) 663-5468

Contact Blair

Stay Connected