This bill empowers patients and provides them with the flexibility they need to better manage their healthcare.
January 20, 2023
The Honorable Rand Paul
Senator from Kentucky
167 Russell Senate Office Building
Washington, DC 20510
Dear Senator Paul,
On behalf of the 2.1 million members of AMAC, the Association of Mature American Citizens, and over 28,300 members in Kentucky, I write to convey our ardent support for the “Health Savings Accounts for All Act”. This legislation is a strong way to support all Americans and their healthcare now and in the future.
In this nation, we have the basic right to life, to liberty, and to the pursuit of happiness. Good health makes Americans able to exercise these rights. In this time of inflation and economic challenge, your bill assists Americans in managing their health by reducing their tax liability and opening a platform to save money for eligible healthcare costs.
The provisions of this bill are especially important for American seniors on fixed incomes given that the
current inflation rate is on the order of 8 percent across the board, and, because those over 50 will have the opportunity to make additional contributions to the account.
Low-income families will also benefit because access to HSAs will be available regardless of their health
insurance coverage, or lack thereof, making it easier to afford to pay for healthcare costs.
AMAC thanks you, Senator Paul, for enabling Americans to live well in the face of rising costs. We will all
benefit when the “Health Savings Accounts for All Act” becomes law.
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