HSA Coalition and Freedom Works File Amicus Brief with the U.S. Supreme Court on ObamaCare

By: Dan Perrin (Diary)  |  February 14th at 07:59 AM  | 

The Amicus brief argues that the Patient Protection and Affordable Care Act (PPACA) ObamaCare deprives Americans of liberty by removing health care choices; and that the legislation and associated regulations will decimate the “bronze” plan options, leaving even fewer choices, further restricting liberty and greatly increasing the cost and therefore the burden of the mandate to purchase health insurance on individuals, small businesses and States. | Read More »

How the New ObamaCare Medical Loss Ratio Regs will Kill Bronze Plans and HSAs

By: Dan Perrin (Diary)  |  December 29th at 01:21 PM  | 

Roy Ramthun has written a great paper on HHS’s proposed-final regulation on Medical Loss Ratio, and how it will impact HSAs and other Bronze Plans in the exchanges: The final medical loss ratio (MLR) regulations will likely create a vacuum for affordable coverage that cannot be filled by Bronze plans under the state insurance exchanges. If the “essential benefits” and “actuarial value” requirements are equally | Read More »

The New Medical Loss Ratio Rule means No Bronze Plans, and No HSAs in ObamaCare Exchanges

By: Dan Perrin (Diary)  |  December 5th at 09:35 AM  | 

The urge of government health care bureaucrats to impose their will on the market, regardless of warnings and repeated petitioning for redress for relief, overpowered petitions in the latest medical loss ratio (MLR) rule by HHS. The result of the new rule will mean one thing: no bronze plans, at all, in the ObamaCare exchanges. (Bronze plans are the low cost plan that ObamaCare envisioned | Read More »

“the One’s” Jobs Bill Taxes Health Savings Accounts, Home Mortgage Deduction

By: Dan Perrin (Diary)  |  September 13th at 02:01 PM  | 

It’s amazing what happens when the White House actually produces a bill, you know, with the proposal in legislative language. It’s a half a trillion dollar stimulus bill, which raises taxes on Health Savings Accounts (HSAs). Here is an analysis of the bill on RedState. If you make north of a household income of “x” there is a new type of tax increase for you | Read More »

Killing ObamaCare is a Rational Act

By: Dan Perrin (Diary)  |  March 5th at 07:07 AM  | 

One hour and forty minutes after the White House issued their Easter deadline for ObamaCare to pass Congress, Democratic House Leaders conceded “they may not meet President Barack Obama’s challenge for swift action.” Whenever the House Leadership moves a vote, it means they don’t have the votes. In Spanish, that’s mañana. With the White House issuing a deadline and the Dem House leaders immediately and | Read More »

By the Numbers, Taxes in the Modified House Bill

By: Dan Perrin (Diary)  |  November 5th at 10:17 AM  | 

From the Republican staff of the U.S. House Committee on Ways and Means: TOP TEN TAX INCREASES INCLUDED IN H.R. 3962 (as modified by the manager’s amendment) 1. SMALL BUSINESS SURTAX (Sec. 551, p. 336)………..……………..$460.5 BILLION 2. EMPLOYER MANDATE TAX* (Secs. 511-512, p. 308)…………..$135.0 BILLION 3. INDIVIDUAL MANDATE TAX* (Sec. 501, p. 296)………….……….$33.0 BILLION 4. MEDICAL DEVICE TAX* (Sec. 552, p. 339)………………….……….$20.0 BILLION 5. $2,500 | Read More »

Roy Ramthun on the Future of HSAs Under ObamaCare

By: Dan Perrin (Diary)  |  October 7th at 12:22 PM  | 

Ramthun gives his status report on Health Savings Accounts: Many of you have emailed me asking about the status of HSAs in health reform. This email is an attempt to try to answer most of those questions. However, things could change at any time, so I will try to update you when they do. First, none of the bills (so far) outright repeal HSAs. Sen. | Read More »

Filed HSA Amendments (and Descriptions) to the Senate Finance Committee Health Bill

By: Dan Perrin (Diary)  |  September 19th at 08:20 PM  | 

If you have a Health Savings Account, and are wondering how the Senate Finance Committee’s bill could impact your HSA, this table of filed amendments and their description will help. Note the amendment by Senator Rockefeller (D-WV) to eliminate Health Savings Accounts.

HSA Plan Owners Like their Plan, so President Obama’s Promise must apply to HSAs

By: Dan Perrin (Diary)  |  May 20th at 10:44 PM  | 

For all those Americans looking to put more money in their pockets and give less money to health insurers, a Health Savings Account is the plan for you.  You pay a lower premium, and put the cash that would have been going to an insurer in a tax-free account with your name on it.  You own the money, which you spend tax-free to meet your | Read More »