RSSReforms bode ill for tax-free health accounts
From: The Washington Times | January 6, 2010
Tens of millions of consumers face higher costs for over-the-counter medicines such as cold remedies and vitamins if Democrats keep a provision in their health care overhaul bills to limit the use of tax-free health care spending accounts. Consumers no longer would be able to tap their flexible spending accounts to make health-related purchases without a doctor's approval, which critics say would drive up health care costs. The House and Senate's bills vary slightly on the restrictions. The House's plan would limit purchases from the pretax accounts to medicines, except insulin, that require a prescription. The Senate's plan would require ...
Reforms bode ill for tax-free health accounts
From: The Washington Times | January 6, 2010
Tens of millions of consumers face higher costs for over-the-counter medicines such as cold remedies and vitamins if Democrats keep a provision in their health care overhaul bills to limit the use of tax-free health care spending accounts. Consumers no longer would be able to tap their flexible spending accounts to make health-related purchases without a doctor's approval, which critics say would drive up health care costs. The House and Senate's bills vary slightly on the restrictions. The House's plan would limit purchases from the pretax accounts to medicines, except insulin, that require a prescription. The Senate's plan would require ...
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