On behalf of FreedomWorks’ activist community, I urge you to contact your representative and senators and ask them to cosponsor the Pandemic Healthcare Access Act, H.R. 6338 and S. 3546, introduced in the House by Reps. Ted Budd (R-N.C.) and Chip Roy (R-Texas) and in the Senate by Sen. Ted Cruz (R-Texas).
Every member of the House and the Senate should ask for this measure to decouple health savings accounts from high deductible healthcare plans to be included in any new legislation that comes before Congress surrounding the COVID-19 pandemic.
The Pandemic Healthcare Access Act is a simple, common-sense piece of legislation focused on giving all Americans, regardless of their insurance plan, access to a safe vehicle to save their own money tax-free for healthcare expenditures. Especially in a time of crisis such as this, it is crucial that we ensure Americans have easy access to healthcare, and expanding the use of health savings accounts (HSAs) is a straightforward method towards that end.
HSAs are a special type of savings account backed by the federal government that allow qualified individuals to set aside money pre-tax to pay for qualified medical services. These types of accounts are an excellent way to grant individuals greater flexibility in managing their healthcare needs. Unfortunately, only individuals with High Deductible Health Plans (HDHPs) are allowed to use HSAs under current law, severely limiting the availability of these accounts.
Very simply, the Pandemic Healthcare Access Act would temporarily decouple HSAs from HDHPs, allowing any American with a healthcare plan access to save more dollars for their care.
Americans should have the freedom to choose how they manage their healthcare. Expanding HSAs is just one way to grant individuals more choice. Now more than ever, as Americans are dealing with the realities of the novel coronavirus, there is a desire for people to know that they have control and means by which to address healthcare needs that may arise. There is undeniable security that comes with being able to put money away in a healthcare savings account, available to spend as necessary. The federal government can, and should, incentivize such savings.
Sen. Cruz, along with Reps. Budd and Roy, have long been champions for healthcare freedom in Congress. These members realize that granting consumers greater choice and more freedom in their healthcare is the best way, not only to handle our current crisis but also to fix America’s existing healthcare problems long-term. Undoubtedly, healthcare freedom is one of the most simple and cost-effective ways to increase access to and quality of healthcare in our country.
FreedomWorks will count the cosponsors of the Pandemic Healthcare Access Act, H.R. 6338 and S. 3546, on our 2020 Congressional Scorecard. A cosponsorship will be treated as a YES vote, and a failure to cosponsor will be treated as a NO vote. The scorecard is used to determine eligibility for the FreedomFighter Award, which recognizes Members of the House and Senate who consistently vote to support economic freedom and individual liberty.
Adam Brandon, President, FreedomWorks