On Obamacare excluding over-the-counter medications from being purchased through health savings accounts:
Two things. It’s an example of the insanity of this bill. In part, the consequences here are unintended. Just adding a layer of complexity which is going to make it hard for anybody to use Tylenol. You have to go to a doctor and get an appointment which is really nuts, adding another level of complexity.
[Largely, however] I think it’s not unintended. This is the use of regulation to kill health savings accounts which are the one element, the one example, of consumer sovereignty in health care. And that’s what liberals want to eradicate. They want a government-run system directly or indirectly. Health savings accounts are an affront.
What you do is you say to anybody holding [an HSA], if you have got arthritis and you want to get Aleve, you are going to have to go to a doctor, waste half a day, pay for a visit — which nobody is going to do. It’s a way to kill the private sector by attrition — in the same way that employers will be dropping health care because of the huge increase in costs as a result of Obamacare, and the fingerprints of the government will not be seen.