“Republicans on the tax-writing House Ways and Means Committee are circulating a bill that would mimic President Donald Trump’s proposal to redirect health insurance subsidies directly to individuals,” Politico reports.
“The legislation, previously introduced by Florida Republican Reps. Kat Cammack and Greg Steube, would give enrollees in the Affordable Care Act insurance exchanges the ability to elect to receive a portion of financial assistance from insurers directly in their tax-advantaged health savings accounts. Those HSA contributions would be in lieu of assistance that insurers would usually apply on the back end to the out-of-pocket health costs for low-income individuals.”
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