This is like employer flexible spending plans.. I like this better than ACA plan

Phenomenal idea! Brings back the "market mechanism" by turning clients into their own "gatekeepers". Allows for real savings that build over time, and can be used to later in life offset higher deductibles. When people are spending their own money, they will ask hospitals and doctors for prices, breakdowns of cost....and competition will return, dropping prices. Phenomenal! Sign me up!

wow a republican that actually mentions a plan

No. If americans are paying at the counters, the numbers weren't adjusted properly. If I can figure it out, surely a senator can... Right?... @grok?

The underlying concept makes sense. This is not the forum for a cogent discussion.

Don’t FSAs run out after a year?

Sounds legit , anything is better than Obamacare.

Why should taxpayers be responsible for ANY healthcare premiums other than their own family????? 😡

How would they get these savings accounts into the hands of Americans?

15 years after the creation of the ACA these Republican clowns are spitballing ideas on the Senate floor like it’s a brainstorming session among interns. Deeply unserious people.

Pre-funded flexible savings account are limited to paying for medical care, not insurance. Most people buy health insurance, not to pay for their annual doctor’s visit, but in case they need an expensive medical procedure. The GOP proposal: don’t get sick.

For goodness sakes - just let people without insurance from their employers buy a medicare plan, and pro-rate it based on income.

It’s still not insurance. Ok, we get the premium money, and then what? How do we get insurance?

Where do we even start on that?

FSA accounts can only be used for medical expenses. Premiums with or without tax credits don’t count. Just one big expense to have a deductible which is greater than one would spend in a year without a hospital stay.

You use the HRA to pay for monthly premium. But HRA is a reimbursement. You have to pay the premium, then file a reimbursement and then wait for the reimbursement. You do this every month. It's burdensome esp if outcome is same damn thing that insurance company gets same price.

Whatever! Extend the tax credits for one year and then work on a better bipartisan plan.

We need direct-to-provider or direct-to-network plans. The insurance business in the middle is the problem. Big Insurance needs to be gutted.

Cassidy is the same guy who appoved RFK jr for HHS Secretary. His judgment is very suspect.

Time to seriously invest in universal health care.

That’s a useless pitch. It doesn’t do anything now. It would have to go before the House and we all know they aren’t coming back for the foreseeable future.

He’s going to give me $16,000?

and what happens when having a baby costs 40k?

Come on @SenCassidy Medicare for All is the answer.

Anything is better than ACA which enriches the insurance companies.

I think it’s too late right now for a change. Let’s work together on a new healthcare plan for the country.

Universal healthcare or keep the subsidies. After all you guys get a 70% subsidy. Bigger than anyone.

He’s just bringing this crap now?

lololol

Excludes maintenance. Hospital beds. Bedpans? Who manages it? Requires infrastructure. Specialists? Recovery?

BS

So instead of paying for insurance, you take a gamble that your healthcare costs are less than or equal to the premium you would have paid. Some will win that bet, many won't. And some of that that won't will go bankrupt, whereas if we just give them insurance they won't.