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Are you one of the millions of Americans who benefit from an FSA or HSA? Share your story now, and help remind Congress why it’s critical to protect these plans!

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Tell your elected officials in Congress to stand up for your health benefits, and protect your FSA or HSA contributions from the effects of the Cadillac Tax.

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About The Campaign

“My Money, My Health” is a campaign dedicated to ensuring employee contributions to their Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs) are protected from the looming Cadillac Tax. The tax should be repealed in full. However, in order to provide immediate relief to the 50 million Americans currently relying on FSAs and HSAs to make their health care affordable, Congress should at least exempt individuals' contributions to HSAs and FSAs from the tax's calculation.

Without this fix to the current structure of the Cadillac Tax, middle class families will face an immediate and devastating impact in a way that was never intended.

Click here to learn more about the "My Money, My Health" campaign, and how you can get involved to make sure your voice is heard.

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News

Chamber of Commerce urges repeal of 'Cadillac tax' on high-cost employer health plans
The Hill
The U.S. Chamber of Commerce urged Senate Republicans to repeal ObamaCare's "Cadillac Tax" on high-cost employer insurance plans in its healthcare replacement bill.

The tax isn't slated to go into effect until 2020, and the current Senate draft would further delay its implementation until 2026 to comply with the chamber's budget rules.

But the Chamber of Commerce and 28 other professional organizations want the Senate to scrap the tax permanently.

Read full article here.
Views Replacing ACA? Hard. Keeping HSAs? No Problem.
Employee Benefit Adviser
It is doubtful that there is a Republican in Congress who doesn’t support health savings accounts. HSAs were enacted as part of the Medicare Modernization Act of 2003, which extended drug coverage under Medicare. For many conservative Republicans, the HSA provisions were the only reason that they voted for a law they thought was expanding government spending in healthcare. Since then, Republicans have been tinkering with the law to increase the number of people covered by HSAs.

We now have a new bill to repeal the ACA, the American Health Care Act that passed in the House of Representatives on May 4, 2017. This new bill contains a number of provisions that are helpful to people who participate in HSA programs.

Read full piece here.
Senate bill would repeal most ObamaCare taxes, delay Cadillac tax
The Hill
The Senate draft healthcare bill unveiled Thursday takes a similar approach to ObamaCare's taxes as the House bill — repealing most of them with the exception of the Cadillac tax.

The Cadillac tax, which applies to high-cost health insurance plans, would be delayed until 2026 in both the Senate and House bills. The tax is unpopular with both Republicans and Democrats and has never taken effect. However, the tax has been estimated to raise a significant amount of revenue that could help pay for other provisions in the bills.

Read full article here.

Flex plan helps me afford my precription drugs
Shared by Susan Sieger - 12/3/2015
I am worried that the Cadillac tax will cause my employer to eliminate this valuable program...

I have a high deductible health plan and take several prescriptions for asthma and allergies all year long. My flex plan helps me budget for my expenses and allows me a tax deduction to help offset the cost of my ongoing medical expenses. Without my flex plan I would not get a tax break on my out of pocket medical expenses because the itemized deduction threshold is 10% of my income. I am worried that the Cadillac tax will cause my employer to eliminate this valuable program that helps me afford the care I need to manage my medical conditions. I urge Congress to carve out consumer directed accounts from the Cadillac tax calculation to ensure that working Americans like myself can continue to rely on these consumer accounts to help me afford my health care!
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