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More Misleading Statements
 
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More Misleading Statements


There are so many flaws in this piece that it is impossible to go one by one - but here is an example.
"Medicine Cabinet Tax ($5 billion/January 2011): Americans no longer able to use health savings account (HSA), flexible spending account (FSA), or health reimbursement (HRA) pre-tax dollars to purchase non-prescription, over-the-counter medicines (except insulin)."

As of 2011, in order for aspirin and laxatives to be covered, there must be a doctors prescription. This will stop those people from buying aspirin, etc. for all their neighbors and kin (and reselling it).

"Elimination of Tax Deduction for Employer-Provided Retirement Rx Drug Coverage in Coordination With Medicare Part D ($4.5 billion/January 2013)" That's because, as of 2011, the "doughnut hole" which the Employer Provided Retirement coverage covers, is no longer applicable. There is no more doughnut hole.

All of these points are misleading.
 

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