What’s not to like?
February 22, 2006
I doubt that our health care system gets back on an affordable track anytime soon, which says something about my confidence in our legislative process, but I would like to read a reasoned liberal response to the administration’s ideas about Health-Care Savings Accounts.
WSJ.com - Big Health-Care Ideas
But in fact HSAs are what health insurance would have looked like all along if the employer-insurance tax exemption never existed. That is, insurance for catastrophic illness to prevent destitution but not for routine care. (Think of it this way: What’s the deductible on your car insurance?) And with more than three million HSA policies already in existence, there is plenty of data showing high customer satisfaction among policy holders of all ages and incomes.
The editorial goes on to point out other desirable features of a well-designed HSA policy, like portability and ease of purchasing. What’s not to like about HSAs?
Dave, waiting for someone to tell him.
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