Bill Would Allow Flexible Spending Accounts To Include Long-Term Care Insurance

Armen Hareyan's picture
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A bipartisan group of House members last week introduced a bill (HR 3363) that would allow flexible spending accounts to include long-term care insurance, CQ HealthBeatreports.

The legislation -- sponsored by Rep. Earl Pomeroy (D-N.D.) andco-sponsored by Reps. Jim Ramstad (R-Minn.), Allyson Schwartz (D-Pa.)and Kenny Hulshof (R-Mo.) -- would allow employees to pay for long-termcare insurance premiums with pre-tax dollars. According to supporters,the bill would help millions of baby boomers save for long-term carecosts (CQ HealthBeat, 8/8).

Reprinted with permission from kaisernetwork.org. Youcan view the entire Kaiser DailyHealth Policy Report, search the archives, and sign up for email deliveryat kaisernetwork.org/email. The Kaiser Daily Health Policy Report is published for kaisernetwork.org, afree service of The Henry J. Kaiser Family Foundation.

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