|
Date |
ArticleType |
|
6/15/2018 |
Insights |
ADA Appeals To Congress To Expand HSA/FSA flexibility For 2019 |
|
|
ADA Appeals To Congress To Expand HSA/FSA flexibility For 2019
by Tammy Adams
The American Dental Association has a strong advocacy wing, whose primary role is to influence public policies affecting the practice of dentistry and the oral health of the American public.
In a recent letter directed to the House Ways and Means Subcommittee on Health, the ADA asked Congress to increase the limits of health savings accounts (HSAs) and flexible spending accounts (FSAs) for the coming year. The hope is that consumers will be more likely to use their tax-advantaged savings toward dental services if their plans are less limited.
As explained on www.hsacenter.com, funds that are withdrawn from an HSA are tax-free when used to pay for qualified medical (physical or mental), dental or vision expenses as described in Section 213(d) of the Internal Revenue Service Tax Code. A list of qualifying expenses is available on the IRS website, www.irs.gov in IRS Publication 502, "Medical and Dental Expenses."
Read full article on MultiBriefs.
|
|
|