Filed Under:Markets, Employee Benefits

Kansas rep lobbies for HSAs

Rep. Lynn Jenkins (Photo courtesy of Lynn Jenkins)
Rep. Lynn Jenkins (Photo courtesy of Lynn Jenkins)

Rep. Lynn Jenkins is trying to persuade federal regulators to make room for health account plans as they fine-tune health coverage actuarial value regulations.

Jenkins, R-Kan., is asking President Obama to get the U.S. Department of Health and Human Services (HHS) to ease up on sellers of the high-deductible health plans that are compatible with health savings accounts (HSAs).

PPACA is supposed to create a new system of health insurance exchanges, or Web-based insurance supermarkets. If the system works as PPACA drafters hope, individuals and small businesses will use new PPACA tax credit subsidies to buy health coverage through the exchanges.

To help consumers and employers compare the plans sold through the exchanges, PPACA drafters created a "metal level" system.

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Nichole Morford

Nichole Morford
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