By Norm Singleton
[Editor's Note: You can read Part 1 here]
In addition to allowing seniors to form private contracts with medical providers and not forcing seniors into the Medicare program as a condition of receiving Social Security, President Trump’s executive order on Medicare also orders the Department of Health and Human Services to reduce regulations and barriers preventing seniors from taking full advantage of Medicare Medical Savings Accounts (MSAs).
President Trump’s executive order is not the only effort to expand Medicare MSAs. Democrat Congressman Ani Berra (CA-07) and Republican Jason Smith (MO-08) have introduced the Health Savings for Seniors Act (H.R. 3796). This legislation allows seniors to continue making contributions to their Health Savings Accounts, which is what Medical Savings Accounts are commonly called today. Passage of this bill combined with President Trump’s executive order would go a long way toward giving seniors control of their health care.
Campaign for Liberty Chairman Ron Paul has long been an advocate of Medicare MSAs. Here is his official statement on his legislation expanding access to Medicare MSAs:
Mr. PAUL. Mr. Speaker, I rise to introduce legislation which enhances senior citizens' ability to control their health care and use Medicare money to pay for prescription drugs. This legislation accomplishes these important goals by removing the numerical limitations and sunset provisions in the Medicare Medical Savings Account (MSAS) program so that all seniors can take advantage of the Medicare MSA option.
This article was originally published at The Campaign for Liberty.