As we enter a new presidentialelection cycle, it appears that health care will once again be aleading issue for candidates from both sides. ManyDemocrats continue to push for single-payer health care,while the Trump administration seems to be doubling down on its position to support courtdecisions against the Affordable Care Act. Though differencesof opinion abound, one of the primary goals of health care reformis to enable people to better manage their health care coststhroughout life. To this end, people on all sides of the issueshould strongly consider expanding health savings account (HSA)legislation to allow all Americans to set tax-deductible fundsaside for medical expenses and retirement savings.

Health savings accounts became law andwere implemented in 2004 in response to rising health care costsand the subsequent burden placed on citizens to shoulder more oftheir health-related expenses. The foundation for HSAs wasthe Kassebaum Kennedy Act, a 1998 health care billnamed after Senators Nancy Kassebaum (R, Kansas) and Edward Kennedy(D, Massachusetts), which earned bipartisan support and paved theway for medical savings accounts, a precursor to the HSA.

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