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I’m struggling with the headline since I know health care has not been destroyed by low co-pays, but those gold-plated plans with $15 co-pays to go see a doctor and $25 for an emergency room visit have destroyed our perception of value when it comes to health care.
Proposed health care legislation would limit payroll tax-free contributions for Flexible Spending Accounts (FSAs) to $2,500 where there was no federal limit before. This could be a large tax increase for families with ongoing medical expenses and/or providing expensive dependent care.