By Sam Baker - 06/20/11 03:57 PM EDT
Under the healthcare reform law, patients can only use tax-preferred Health Savings Accounts (HSAs) to buy over-the-counter drugs if they have a doctor’s prescription. Critics of the provision say it undermines consumer choice, by limiting the use of HSAs, while also encouraging unnecessary visits to the doctor and thereby increasing healthcare costs.
Sen. Orrin Hatch (R-Utah) has sponsored a bill to repeal the limits.
The insurance industry also recently released data on the increasing use of HSAs.