Give more Americans the ability to save tax-free for healthcare, preserve access to lower-premium coverage, and let patients keep the savings when they spend their healthcare dollars wisely.
A new study from Georgetown University offers a three-part strategy for cutting health insurance costs — a worthwhile goal if there ever was one.
Remarkably, the plan would effectively eliminate one of the most powerful tools for constraining health spending and saving patients money — health savings accounts, or HSAs.
That’s backward. HSAs give patients more control over their healthcare dollars and expose our health sector to the market forces it sorely needs. Policymakers should be putting them within reach of more of the public — not plotting their demise.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.
Want cheaper health insurance? Don’t kill HSAs
Sally C. Pipes
Give more Americans the ability to save tax-free for healthcare, preserve access to lower-premium coverage, and let patients keep the savings when they spend their healthcare dollars wisely.
A new study from Georgetown University offers a three-part strategy for cutting health insurance costs — a worthwhile goal if there ever was one.
Remarkably, the plan would effectively eliminate one of the most powerful tools for constraining health spending and saving patients money — health savings accounts, or HSAs.
That’s backward. HSAs give patients more control over their healthcare dollars and expose our health sector to the market forces it sorely needs. Policymakers should be putting them within reach of more of the public — not plotting their demise.
Read the entire op-ed here.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.