AHIP Testimony For House Hearing On HSAs And HSA-Eligible Plans

by AHIP

June 6, 2018

AHIP testified at a June 6, 2018 hearing in the House Ways and Means Subcommittee on Health on Health Savings Accounts (HSAs) and HSA-eligible plans. Our testimony explains that this is one of the many options that health insurance providers offer to give consumers better choice, control, and affordability. Millions of Americans have found this innovative combination of a tax-free savings account with insurance coverage to be an appealing option for meeting their health care needs.

Our testimony focuses on three main areas:

  • Background information on HSAs, including the findings of an annual AHIP survey that has measured strong enrollment growth in HSA-eligible plans over the past 12 years;
  • Issues for policymakers to consider while examining the current status and future role of HSAs and HSA-eligible plans; and
  • Proposed solutions for strengthening and improving HSAs and HSA-eligible health plans to better empower consumers and meet their needs.