AAO-backed Bill Would Increase Flexible Spending Cap to $5,000

Provide families more flexibility in planning for their healthcareSt. Louis, MO (February 27, 2015) — A proposed new bill supported by the American Association of Orthodontists  (AAO) would help families better meet the financial challenges of healthcare by adjusting restrictions on tax-free Flexible Spending Accounts (FSAs). The RAISE Health Benefits Act of 2015 will address spending caps on FSAs and the ability to rollover unused funds from one year to the next. The bill, sponsored by US Representatives Steve Stivers (R-OH) and Michelle Lujan Grisham (D-NM),