Sen. Rick Scott, Rep. Kat Cammack Lead Legislation to Expand HSAs, Support Families Using IVF

July 25, 2024

WASHINGTON, D.C. – Today, Senator Rick Scott and Representative Kat Cammack introduced the Increasing Value for Families (IVF) with HSAs Act to help individuals and families better plan and pay for medical expenses, like in vitro fertilization (IVF), by decoupling Health Savings Accounts (HSA) from high-deductible health plans, and doubling the current contribution limits on HSAs from $4,300 to $8,600 for individuals and $8,550 to $17,100 for families.

 

In a recent floor speech, Senator Scott discussed his work on this legislation, his full support of IVF and his youngest daughter’s current journey undergoing IVF treatments to grow her family. See more HERE. Senator Scott and Rep. Cammack are also leading a bicameral resolution expressing their full support of IVF.

 

Senator Rick Scott said, “IVF is a wonderful thing that enables so many Americans to start and grow their families. For me and my family, the blessing of IVF is personal, as my youngest daughter is currently undergoing IVF treatments to grow her family. While IVF is a blessing that is widely available and overwhelmingly supported, its high cost remains a barrier for many families and that’s something that ought to change. Today, I’m proud to introduce the Increasing Value for Families (IVF) with HSAs Act to help support current and aspiring parents looking at IVF as a way to grow their family and be joined by Rep. Kat Cammack who will lead this effort in the House. Our proposal allows every individual and family to better plan and pay for medical expenses, such as IVF, by expanding eligibility for Health Savings Accounts and increasing the current contribution limits on those HSAs. This bill is commonsense and what American families expect out of Washington – solutions that make their lives easier and dreams possible. I urge all of our colleagues to join us in fighting to quickly pass this bill, help families plan for medical expenses, and hopefully expand their families and bring more beautiful children into the world.”

 

Representative Kat Cammack said, “I’m pleased to join Senator Scott on this effort to support American families and look forward to growing the legislation’s support in the House. Building and growing a family is part of the American dream for millions in our country, but for too many parents and parents-to-be, IVF’s high costs put the option out of reach. By expanding HSA eligibility and increasing contribution limits for those HSAs, we’re pursuing solutions that will help make dreams reality. I’m proud of Florida legislators’ leadership on this issue and encourage my colleagues to join me in standing by our young families.”

 

See more of Senator Scott’s actions in support of IVF below:

 

RESOLUTION SUPPORTING IVF:

 

In March, Senator Scott introduced a resolution in the U.S. Senate expressing support for Americans who are starting and growing families through in vitro fertilization (IVF). Representative Kat Cammack (FL-3) is leading the resolution in the House of Representatives. Read more HERE.

 

FLOOR SPEECH SUPPORTING IVF:

 

Senator Scott delivered remarks on the Senate floor making clear his total support for IVF, which his youngest daughter is currently using to grow her family, and highlighting his bicameral resolution supporting Americans who are starting and growing families through IVF. During his speech, Senator Scott also announced his work to draft legislation to help individuals and families better plan and pay for medical expenses, like IVF, by decoupling Health Savings Accounts (HSA) from high-deductible health plans, and increasing the current contribution limits on HSAs. Read more HERE.

STATEMENT OF SUPPORT FOR IVF:

 

Senator Scott joined Senators Katie Britt and Ted Cruz, and all their Republican Senator colleagues, in a joint statement supporting continued nationwide access to in vitro fertilization. The full text of the statement can be found HERE and below:

 

The senators wrote, “Senate Democrats have embraced a Summer of Scare Tactics—a partisan campaign of false fearmongering intended to mislead and confuse the American people. In vitro fertilization is legal and available in every state across our nation. We strongly support continued nationwide access to IVF, which has allowed millions of aspiring parents to start and grow their families.”

 

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