Senate’s Obamacare replacement bill to boost health savings accounts

“These changes are welcomed by employers,” Shandon Fowler, senior director of employer portfolio strategy at benefits administrator¬†Benefitfocus. “Overall, they give employers more flexibility to drive employees to make the best choices for themselves and their families.”

Roughly 60 percent of large employers offer an HSA-compatible health plan to workers and half of the employees enrolled in those plans use an HSA, Benefitfocus’ Fowler said.

HSA users fall into two distinct groups, Fowler said: Those who can afford to save with the tax-advantaged accounts and pay their health expenses and low-income workers who struggle to have enough money to put into the accounts.

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