Press Clipping

Skimpier employer coverage may accelerate under Trump administration

By Bob Herman and Shelby Livingston
From Modern Healthcare on Friday, November 11, 2016
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“There's going to be more flexibility and more ability to contribute to the accounts, and to make it easier and more user-friendly and reduce some of the restrictions on the plans,” said Steve Wojcik, vice president of public policy at the National Business Group on Health.

The new administration may allow HSAs to be used for prescription drugs before the deductible is met, insurance premiums, over-the-counter medications and expanded wellness services, Wojcik said. However, lower-income people may not have as much money to sock away into an HSA, possibly neutering the effectiveness for many.

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