Navigation Links
Congress Encouraged to Protect Working Families and Flexible Spending Accounts in New Advertising Campaign
Date:10/27/2009

WASHINGTON, Oct. 27 /PRNewswire-USNewswire/ -- Save Flexible Spending Plans in partnership with the United Food and Commercial Workers International Union (UFCW) launched a new advertising campaign today encouraging Congress to honor President Obama's pledge not to raise taxes on middle-class Americans by preserving, rather than restricting, the use of flexible spending accounts (FSAs) in health care reform legislation. The ads further promote the advantages FSAs provide to nearly 35 million working Americans by enabling them to set aside pre-tax dollars to pay for out-of-pocket health expenses not covered by insurance, such as prescription drug costs, vision and dental expenses and office visit co-payments.

"As Congress moves rapidly closer to having health care reform legislation reach the floors of the Senate and House, there are no guarantees as to the fate of flexible spending accounts," said Joe Jackson, chairman of Save Flexible Spending Plans and CEO of WageWorks, a benefits company based in San Mateo, California. "Despite the success of flexible spending accounts in holding down health care costs for millions of primarily middle-class Americans, poorly-conceived proposals are still pending that would severely restrict access to the benefit in order to help fund some of the costs for health reform. Raising taxes on the middle-class by restricting the use of FSAs is simply a bad idea."

Provisions approved by the Senate Finance Committee now being considered in the House of Representatives include a $2,500 cap on FSA contributions that would not adjust with inflation. Failure to index the cap for inflation will cause the value of a $2,500 FSA contribution to plummet to $1,250 in just nine years. Additionally, the Senate Finance Committee approved provisions that would lump FSAs together with high-cost insurance plans and subject them to an excise tax, which would likely cause many employers to reconsider offering FSAs altogether.

The ads will appear in publications such as the The Hill, Politico and Roll Call. Copies of the ads are available here: Build on What Works and Don't Tax the Middle Class.

About Save Flexible Spending Plans

Save Flexible Spending Plans is a national grassroots advocacy organization protect against the restricted use of flexible spending accounts in health care reform efforts. The campaign is sponsored by the Employers Council on Flexible Compensation (ECFC), www.ecfc.org, a non-profit organization dedicated to the maintenance and expansion of private employee benefit programs on a tax-advantaged basis. To learn more, take action and read the personal stories of FSA participants, please visit www.savemyflexplan.org.

About UFCW

The United Food and Commercial Workers International Union (UFCW) represents more than 1.3 million workers, primarily in the retail and meatpacking, food processing and poultry industries.

SOURCE Save Flexible Spending Plans


'/>"/>
SOURCE Save Flexible Spending Plans
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. TriWest Sponsors Congressional Medal of Honor Convention
2. Coalition for Pulmonary Fibrosis Launches Aggressive Ad Campaign Directed at United States Congress
3. AOA President Calls on Congress to Reauthorize SCHIP and Take Action to Ensure Health Care Coverage for All Americans
4. EDAP Launches Enhanced Communication Plans at SIU Paris Congress
5. World fertility experts to meet in Montreal - IVF and IVM patients to provide first-person accounts at 14th World Congress
6. Congress Poised to Add Millions of Uninsured Children to Successful, Bipartisan Health Plan
7. National Council on Disability Urges Congress to Support Americans with Disabilities Act Restoration
8. MUHC in the spotlight at the 14th World Congress on In Vitro Fertilization
9. Labopharm To Present Poster On Onset Of Analgesic Effect Of Once-Daily Tramadol At Congress Of The European Society Of Regional Anaesthesia And Pain Therapy
10. Health IT Now! Coalition Urges Congress to Pass Health Information Technology Bill This Year
11. Childrens Hospitals in Washington to Lobby Congress to Reauthorize SCHIP Now
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/27/2016)... ... June 27, 2016 , ... ... the only authorized OSHA Training Institute Education Center headquartered in Northern California, has ... workers from extreme heat at their worksites. Employers with workers exposed to ...
(Date:6/27/2016)... Viejo, California (PRWEB) , ... June 27, 2016 , ... ... are fully customizable inside of Final Cut Pro X," said Christina Austin - CEO ... another unique style. Final Cut Pro X users can now reveal the ...
(Date:6/27/2016)... ... June 27, 2016 , ... ... professionals, announced today its affiliation with Tennessee Counseling Association. This new ... network of the Tennessee Counseling Association, adding exclusive benefits and promotional offers. , ...
(Date:6/27/2016)... ... June 27, 2016 , ... ... today announced its strategic partnership with Connance, a healthcare industry leader providing ... companies’ proven, proprietary technology combine to provide health systems, hospitals and ambulatory ...
(Date:6/27/2016)... ... June 27, 2016 , ... A ... revolutionize the emergency ambulance transport experience for the millions of people who require ... has disrupted the taxi industry through the use of technology. Now, SmartEMS has ...
Breaking Medicine News(10 mins):
(Date:6/26/2016)... One of Australia,s successful biotechnology scientists, Dr ... biotechnology company, Noxopharm Limited [ABN 50 608 966 123] ("Noxopharm"). Noxopharm ... on the ASX. Noxopharm is a clinic-ready company with ... 1 clinical study later this year. ... problems facing cancer patients - the ability of cancers to become ...
(Date:6/26/2016)... Jazz Pharmaceuticals plc (Nasdaq: JAZZ ... Antitrust Improvements Act of 1976, as amended ("HSR"), with ... ("Celator"; Nasdaq: CPXX ) expired effective June ... As previously announced on May 31, 2016, Jazz ... under which Jazz Pharmaceuticals has commenced a tender offer ...
(Date:6/26/2016)...  VMS Rehab Systems, Inc. ( www.vmsrehabsystemsinc.com ) reported ... required to build a strong and stable market for ... on the OTC Markets-pink current trading platform. ... are seeing an anomaly in market trading activities that ... the Company, but shareholders and market players as well. ...
Breaking Medicine Technology: