- Practice
Legislation to allow consumers to set up medical savings accounts appears to be moving slowly
Legislation to allow consumers to set up medical savings accounts appears to be moving slowly through Congress, but finally moving. Congress has approved a package of small health reforms that would protect those who change jobs or have pre-existing conditions. It includes a provision for MSAs. Republicans and Democrats reached a compromise over MSAs, the tax-deductible accounts as an alternative to group health insurance for people willing to buy high-deductible policies. The deal would create