Press Releases

Stivers Reintroduces RAISE Health Benefits Act

f t # e
Washington, February 24, 2017 | comments
Last week, Congressman Steve Stivers (R – OH) reintroduced the Responsible Additions and Increases to Sustain Employee (RAISE) Health Benefits Act. The legislation provides families with more discretion in how they pay for the rising costs of healthcare, while also allowing them to save for future medical expenses. This legislation was first introduced in the 114th Congress.
share: f t

WASHINGTON – Last week, Congressman Steve Stivers (R – OH) reintroduced the Responsible Additions and Increases to Sustain Employee (RAISE) Health Benefits Act. The legislation provides families with more discretion in how they pay for the rising costs of healthcare, while also allowing them to save for future medical expenses.  This legislation was first introduced in the 114th Congress.

“Not all families are the same, and it just makes sense that a family with four children should have a higher FSA limit than a single adult,” said Stivers. “Health care costs can be expensive, and this legislation would make it easier for families to address the financial challenges of paying for these types of health care costs. I am proud to reintroduce this legislation in the new Congress.”

Specifically, the RAISE Act addresses how Flexible Spending Accounts (FSAs) are used.  Currently, FSAs allow families to set aside money to pay for health care services and items that are not covered by insurance, such as: doctor copayments, prescription drugs, medical supplies, vision and dental services.  The un-used money, however, does not roll over to the next year, making the process of saving money for large medical expenses practically impossible.

In 2010 Obamacare created an annual cap of $2,500 for FSA contributions.  This arbitrary cap does not reflect the reality of health care costs that families face today and undermines the economic benefits of allowing families to use FSAs to build up funds for medical needs.  The RAISE Act addresses this by doubling the current cap to $5,000 allowing families, both large and small, to save more towards medical costs. 

Also the bill states, families with more than two dependents can deposit up to a $500 a year to their FSA for each additional dependent.

Congresswoman Michelle Lujan-Grisham (D-NM) is the bill’s lead co-sponsor. The legislation has also been endorsed by the American Association of Orthodontists, American Dental Association, Academy of General Dentistry, American Academy of Pediatric Dentistry, American Academy of Periodontology, American Association of Endodontists, American Association of Oral and Maxillofacial Surgeons, American College of Prosthodontists, and the National Dental Association.

f t # e

Office Locations

Find the office location closest to you
map