Medical Savings Account Legislation: The Good, The Bad And The Ugly

Brief Analyses | Health

No. 211
Monday, August 19, 1996
by Merrill Matthews, Jr.

After years of bipartisan legislative proposals to create tax-free Medical Savings Accounts (MSAs), months of partisan congressional wrangling over whether to include MSAs in health insurance reform proposals and weeks of discussion on various MSA demonstration projects, Congress passed a law that includes a limited version of Medical Savings Accounts. The legislation has some good and some bad points, but the future fight over who can have an MSA likely will get ugly.

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