While critics claim that Health Savings Accounts (HSAs) are a new tax break for the rich and are attractive only to the young and healthy, studies show they in fact have broad appeal and provide a new option for the uninsured: 40% of HSA purchasers make less than $50,000 a year, a majority of purchasers are families with children, and about half are over age 40. Consumerism in health care … [Read more...] about Health Savings Accounts: A Survey of the Literature
Archives for January 2006
HSAs and Investment Potential
While critics claim that Health Savings Accounts are simply a new tax break for the rich, young, and healthy, studies show they in fact are a valuable potential savings resource for middle-aged and middle-class Americans. HSAs allow people to put aside up to $5,450 a year tax free to pay for medical expenses. Whatever isn't spent rolls over to the next year, and the earnings accumulate … [Read more...] about HSAs and Investment Potential
Health Savings Accounts: A Survey of the Literature
While critics claim that Health Savings Accounts (HSAs) are a new tax break for the rich and are attractive only to the young and healthy, studies show they in fact have broad appeal and provide a new option for the uninsured: 40% of HSA purchasers make less than $50,000 a year, a majority of purchasers are families with children, and about half are over age 40. Consumerism in health care … [Read more...] about Health Savings Accounts: A Survey of the Literature
HSAs and Investment Potential
While critics claim that Health Savings Accounts are simply a new tax break for the rich, young, and healthy, studies show they in fact are a valuable potential savings resource for middle-aged and middle-class Americans. HSAs allow people to put aside up to $5,450 a year tax free to pay for medical expenses. Whatever isn't spent rolls over to the next year, and the earnings accumulate … [Read more...] about HSAs and Investment Potential
What's Working
The good news is back: HSA enrollment has tripled in the last 10 months, according to a study released yesterday by America's Health Insurance Plans (AHIP). "At least three million consumers currently receive health coverage through high-deductible health insurance plans offered in conjunction with health savings accounts," AHIP announced after surveying its member companies. The last survey … [Read more...] about What's Working
U.S. Industry is in the Crosshairs of Bad Tax Policy
U.S. automakers are blaming soaring health care expenses for compromising their global competitiveness and contributing to multi-billion dollar losses, factory closures, and layoffs. General Motors Chairman Rick Wagoner recently told the Economic Club of Chicago: "Our foreign domiciled competitors have just a fraction of these costs, because they have few, if any, U.S. retirees, and in … [Read more...] about U.S. Industry is in the Crosshairs of Bad Tax Policy
U.S. Industry is in the Crosshairs of Bad Tax Policy
U.S. automakers are blaming soaring health care expenses for compromising their global competitiveness and contributing to multi-billion dollar losses, factory closures, and layoffs. General Motors Chairman Rick Wagoner recently told the Economic Club of Chicago: "Our foreign domiciled competitors have just a fraction of these costs, because they have few, if any, U.S. retirees, and in … [Read more...] about U.S. Industry is in the Crosshairs of Bad Tax Policy
Under an Avalanche
The avalanche of bad news on the health front over the last week is a bit overwhelming: The Wal-Mart bill: The Maryland legislature enacted the "Wal-Mart" law, over Gov. Bob Ehrlich's veto, triggering a major new round of health reform battles in the states. The law creates a new state mandate that requires big employers to provide health insurance for their workers, and it says companies must … [Read more...] about Under an Avalanche